Impacts for Maker:
• Possible increase in stETH liquidity risk and downside volatility.
• stETH discount incentivizing leveraged staking behavior, which would increase risk of negative price gaps while raising ETH supply rates on lending protocols.
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对 Maker 的影响:
• stETH 流动性风险和下行波动性可能增加。
• stETH 折扣激励杠杆质押行为,这将增加负价格差距的风险,同时提高借贷协议的 ETH 供应率。
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