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Lightning HSL Proposes Mainstream Stablecoin Backup Pool Solution to Prevent CRV Liquidation Risk

Lightning HSL has proposed a new solution to prevent the risk of Curve's native token CRV liquidation, which caused a significant crash in the value of CRV. The proposal involves introducing a mainstream stablecoin backup liquidation pool, with USDT as an example, where users can deposit USDT to acquire discounted mortgage products and repay debts.

However, some analysts are skeptical about this idea, as it may not produce the desired results in practical settings due to significant differences in collateral assets. Following the exploit, crypto market makers intervened on Binance to support CRV, but it is yet to be seen how Lightning HSL's proposal will influence the crypto market.

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