Idle Finance

According to the report, Idle Finance of the DeFi agreement tweeted that after investigation, the exposure of Euler Finance event to the agreement’s Yield Tranches strategy involved about US $5.35 million in stable currency and 320 ETHs, and the exposure of Best Yield strategy involved US $4.8 million in stable currency and 313 ETHs. IdleFinance: The relevant strategies are affected by the Euler event, involving about US $11 million in stable currency and 630 ETHs Analysis based on this information:The DeFi agreement space has been facing some heat lately due to a series of events that resulted in losses for investors. One of the recent incidents, which became public via Idle Finance’s tweet, stated that the DeFi agreement’s Yield Tranches strategy got exposed due to the Euler Finance event. According to the tweet, this event involved approximately US $5.35 million in stable currency and 320 ETHs. Furthermore, the tweet mentioned that the exposure of the Best Yield strategy involved US…