How tokenized stocks fail as collateral even when the stock price does not move
DeFi lending protocol Edel disclosed a $403,000 exploit that hit the layer the place tokenized stocks try to turn into DeFi collateral. Edel stated no depositor would bear losses, and the workforce would soak up the unhealthy debt, restore affected balances one-to-one, and rebuild the protocol’s oracle structure for a model two launch. The assault…
