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Gearbox: Due to the depegging of ezETH, some users were liquidated, and the passive lenders of the protocol did not generate bad debts

Gearbox: Due to the depegging of ezETH, some users were liquidated, and the passive lenders of the protocol did not generate bad debts

CointimeCointime2024/04/24 04:46
By:Cointime

Gearbox, a DeFi composable leverage protocol, stated that due to the ezETH being unanchored in the RedStone Oracles report, some Credit Accounts users were liquidated, but the protocol's passive lenders did not incur bad debts. The team will release a report reviewing this incident.

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