POPA ReconUm...
Um... Considering the circumstances, I think they may have been hiding the damage from an accident such as failing to do DD properly when purchasing OTC tokens, removing the hedging during crime moving, or getting hit by an ADL. (It is a protocol that makes profits through delta health after token OTC) It seems like they were aiming to increase TVL by starting season 2 deposits at the right time to pay tokens, but instead of TVL increasing after season 2 started, money was being drained out on a large scale, which makes me think that the bottom of the pool has appeared...
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