Learn / Risk
Depeg
When a token that should track another drifts away from it.
Video coming soon
In plain words
Stablecoins should stay at $1 and staked tokens should track their base coin. If they slip, positions that assume they don't can be liquidated.
Worked example
A loop at 2x can be liquidated by a depeg much smaller than a normal market drop.
See loops in the yield lab →Examples use sample numbers. Estimates, not advice.