Hacker News new | ask | show | jobs
by brandoncarl 1461 days ago
I follow your theory, but as of the last audit that wasn't close to true.
1 comments
LatteLazy 1461 days ago
Has there been a public independent audit? I thought the lack of one was part of the issue...
link
brandoncarl 1461 days ago
This is the closest. https://assets.ctfassets.net/vyse88cgwfbl/1np5dpcwuHrWJ4AgUg...

As you can see, the rates don't map to any significant overcollateralization.

link