Being part of the Frog Nation means to be inclusive and respect all communities from any chain. Means that you realise that all together we can impact the world and divided we can only fail in bringing decentralised tech everywhere to everyone
Seems like i can't take 1 day off ahah, anyways the fud was spreading about $OHM sudden dump and had a cascade effect on $SPELL as some people where questioning solvency of $MIM cauldron. The risk has been managed well: 110MM of $OHM collateral was borrowing less than 20MM $MIM
$MIM is now our primary stablecoin for $MORPH. MORPH-USDC's multiplier has been reduced to 75x, and will also be phased out with the rest of the peripheral $MORPH LPs this upcoming Friday.
Begin that transition to $MIM!