MakerDAO Discloses stETH Position Details and stETH Liquidation Price

MakerDAO discloses details of the protocol stETH position: stETH collateral represents about 3% of all DAI collateralization and is valued at about $260 million; WSTETH-A vault locks 204,661.12 W STETH, valued at $243.2 million, 82.9 million of total DAI debt, 293.42% overall collateralization; WSTETH -B vault locks 9,014.31 WSTETH, valued at $10.7 million, 2.5 million of total DAI debt, 424.42% overall collateralization. In addition, Maker said that for the WSTETH-A vaults, $33.3 million worth of stETH will be liquidated if stETH drops to $892, and $74.6 million worth of stETH will be liquidated if stETH drops to $582. For the WSTETH-B vaults, if stETH drops to $903, stETH worth $645,000 will be liquidated; if stETH drops to $594, stETH worth $2 million will be liquidated.
Source

Ethereum

Lending

DeFi

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