《1011 Crash Day's First Casualty: Stream's Fake Neutral Strategy Exposed》 (Author: Trading Strategy) Stream xUSD, under the guise of being a 'DeFi stablecoin with a delta-neutral strategy,' actually allocated most of its funds to opaque off-chain trading. Some of its strategies suffered liquidation during the extreme volatility on October 11, resulting in losses of approximately hundreds of millions of dollars, exposing it as not truly a neutral strategy. The author believes that incidents like Stream's are avoidable in DeFi. The issues revealed in the aftermath of the '1011 Crash' highlight the need for DeFi lending to return to verifiable positions and risk parameters; otherwise, it risks repeating Terra-style trust collapses. Read the full article: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=51548