MEV Capital confirms that the underlying assets in investment vehicles and curated vaults remain unaffected by yesterday’s volatility; there is no bad debt on any of the vaults.
MEV Capital
500 posts
MEV Capital
@MEVCapital
A digital assets investment firm focused exclusively on Decentralized Finance.
Joined November 2021
- MEV Capital is glad to collaborate with the @MidasRWA team and help enhance DeFi composability by co-introducing Liquid Yield Tokens (LYT) powered by atomic redemptions.
- MEV Capital team is aware of the Balancer exploit incident and wants to confirm that Midas mMEV and mevBTC vaults had no exposure to Balancer v2 and are not affected.
- Statement regarding USUAL USDC vault on @MorphoLabs MEV Capital received the information regarding USD0++ redemption changes late yesterday night. @usualmoney Team did not reach out beforehand and it came without notice. MEV Capital is in touch with the Usual Team and is
- We are aware of the recent disclosure regarding a $93M shortfall in the Stream Finance ecosystem. MEV Capital is providing this update regarding curated markets and products exposed to Stream Finance assets. TL;DR: MEV Capital’s actively managed vaults (Midas, Upshift, Mellow,
- Usual Boosted USDC Vault just crossed $100M in deposits, becoming the largest stablecoin-denominated vault on Morpho. Congratulations to the @usualmoney team on the amazing work done since launch and happy to be a part of their success.
- Following today’s events, MEV Capital has suspended the curator fee collection on Morpho’s USUAL USDC vault until further notice.Statement regarding USUAL USDC vault on @MorphoLabs MEV Capital received the information regarding USD0++ redemption changes late yesterday night. @usualmoney Team did not reach out beforehand and it came without notice. MEV Capital is in touch with the Usual Team and is
- MEV Capital operational update on Morpho USDC vault: The Ethereum Morpho USDC Vault removed @elixir sdeUSD/USDC market pair, resulting in the vault realizing a bad debt equal to nearly 3.6% of the total vault TVL at the time. The vault no longer has exposure to any ElixirElixir has worked tirelessly over the previous 48 hours and has successfully processed redemptions of 80% of all deUSD holders thus far (not including Stream). As it stands now, Stream holds roughly 90% of the deUSD supply (~$75m), while Elixir holds a similar proportion of its
- Catch the Yield Farming panel brought by Odos & MEV Capital at 'Whale watching w/ DeFi degens on the Seine' side event during ETH CC[6] tomorrow. @gerrithall @pablo_veyrat @mattdeible @Bob_Baxley @CurveFinance @MEVCapital @mavprotocol @AngleProtocol @Equilibriafi @odosprotocol
- MEV Capital & @k3_capital recently deployed a co-curated $rLBTC restaking vault using Lombard LBTC as collateral. $LBTC can now be re-staked to provide shared security to multiple Networks at once (BSNs/SSNs) using @babylonlabs_io and @symbioticfi as universal staking infras.
- Powered by @MorphoLabs, a Pendle wBTC vault has been deployed on Morpho, now enabling fixed maturity BTC LST from @pendle_fi as collateral
- MEV Capital is delighted to announce a partnership with @ChorusOne, which is joining our Cluster of Node operators to facilitate restaking activities on-chain. Established in Switzerland, Chorus One is one of the largest staking infrastructure companies offering tailor-made
- Update regarding the MEV Capital Usual USDC vault on Morpho: The vault has not resulted in any bad debt so far, all the lenders remained safe while the Usual team started to liquidate positions that were at risk. In the meantime, MEV Capital has deployed new markets detailed inUpdate on the market migrations for the borrowers & lenders of the MEV Capital Usual USDC vault. 1. The following new markets are being progressively deployed and provisioned by MEV Capital: a) USD0++ / USDC (app.morpho.org/market?id=0x92…) (86% LLTV - Chainlink ) . So far $70m
@MEVCapital