@tipu curate

Very interesting post (as usual)

yETH vault strategy has 200% collateralization to acquire MakeroDao’s DAI. It seems to be justified to me but obviously the strategy has a lot of risks involved. A massive price fall of ETH may lead to the liquidation of the vault.

Do you mean they have 1 ETH for 2ETH worth of DAI? If so, indeed ETH needs to not lose 40-505 ! Quite amazing topic. Too bad ETH fees are a pain in the ass...

The sell pressure on CRV is also quite a "side-effect", this is the main issue for all these farming protocols imho. Who buys the earned token in the long run?

Definitely not me 😂