《No Secrets in DeFi: A Night of $10 Billion Liquidations, Let's Talk About USDe Again》 (by Hazel & Ivy) From August to September, many institutions have been issuing internal warnings, believing that the market has accumulated excessive leverage and that a liquidation storm could strike at any moment. Institutions have mature risk control systems and protective structures—they don’t enter the market unprepared. For this kind of market movement mainly triggered by liquidity crises and leverage liquidations, institutions are not particularly surprised. From the perspective of market-making systems, if we want market liquidity to remain stable in the long term, we should focus on incentivizing the first type of stable market makers, giving them better market space and incentive mechanisms. Read the full article: http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=50798