At present, the market is falling rapidly, and various panic messages are emerging one after another. The more classic ones are the risk of de-anchoring of USDT and the problem of UST/luna. At present, the market is more worried that USDT will have the risk of de-anchoring again in 2018. In 2018, usdt once fell to 0.6U. The parent company invited influential bloggers to check their financial collateral, and later released news: Don’t worry, it will be back again, to $1. Many people worry that the current magnitude of USDT is different from that in 2018. There is too much money in the market, and they have been replaced by regulated USDC and BUSD. The spread was once pulled up to 10%.
In general, most people do not need too many operations. First, most of the pools are currently in Curve. Currently, USDT accounts for 91%. If too many funds are exchanged for USDC and BUSD. When BUSD and USDC do not want to take the risk of bear market stablecoins, they can withdraw from the pool, then only USDT is the anchor currency, so for long-term currency holders, there is no need to worry too much about the risk of USDT. If there is a short-term panic, it can also be replaced by regulated stablecoins such as BUSD and USDC wait and see.
If eth falls below 1517 and leads to liquidation on the chain, then the target is not the bear market in 2018, but the subprime mortgage crisis in 2009, then defi’s nesting doll model will collapse, try to keep funds for top institutional investment of projects reach low valuations
Risk warning
The above analysis is for reference only, there are risks in the currency market, and investment should be cautious
