Hey guys,
Lots of drama this week following the ezETH depeg, which serves as an important reminder to maintain a healthy margin and not over-leverage.
LRTs and LSTs are meant to be pegged to ETH, but liquidity issues could cause major depegging events.
It’s a good thing that Kelp will enable withdrawals in May, which should not cause a depeg once their token is announced.
Discover the best airdrop tips I posted on Twitter this week:
Check out the full issue here.