DeFi

Does anybody know why 169m, or 10% of the staked DAI just got unstaked within the last week?

What's driving this exit?

Doing a bit of sleuthing... one whale swapped 4.3m to USDC and moved to... compound for a slightly lower yield ~4.5%.

Another whale, 7m to USDC to Aave. Also <5%

Another 1m left for frax

Casts about defi, ml, food, Singapore, etc. @alliance | ex: quant @twosigma @appfolio by acq

Onchain boomer building out the world of decentralized networks, financial protocols, and DAOs. 
Current focus: vaults.fyi