Odaily Planet Daily News Decentralized lending protocol Silo announced the launch of the OP Mainnet on X. With a deposit of $1.3 million, Silo Optimism started the initial OP distribution in 9 markets, including OP, wstETH, wBTC, tBTC, rETH, strxeth, VELO, sUSD, and SNX, where users can deposit in any market to borrow ETH and USDC. In stage 1, 100,000 OP will be allocated to the initial market. Over the next 60 days, the official team will launch a series of new markets and optimize incentive distribution based on protocol revenue indicators. The remaining 150,000 OP will be allocated in the second phase, during which rewards may be rebalanced based on historical activities. New markets will also be launched and may be included in the incentive category.

Golden Ten Data, May 9, today, Russia held a military parade on Red Square in the capital Moscow to commemorate the 79th anniversary of the victory in the Great Patriotic War. In the mechanized phalanx, the "Yars" missile squadron slowly drove through Red Square. The Yars missile is a solid-fuel intercontinental ballistic missile that can be launched on a mobile or from a fixed silo and can carry longest nuclear warheads with a maximum range of up to 11,000 kilometers.

Odaily Silo Labs has released an update on the proposal to "adjust crvUSD LTV/LT on Silo Llama" on the X platform. The proposal aims to maintain a healthy liquidation margin and only affect users borrowing CRV and YFI. The reduction of crvUSD LTV/LT on Silo Llama is proposed to be executed in the following markets: - CRV-crvUSD: 50%/80% (executed on January 7); - YFI-crvUSD: 55%/70% (executed on January 7); - LINK-crvUSD: 65%/75% (changes implemented), crvUSD lenders can borrow up to 55% of the deposit, and the liquidation threshold is 70%.

Curve Founder Michael Egorov Settles $35.3 Million Debt Position on Aave Curve founder Michael Egorov has settled his debt position on Aave by depositing 68 million CRV ($35.3 million) to Silo and borrowing 10.8 million crvUSD. He then repaid his debt by swapping crvUSD for USDT and repaying his entire debt position on Aave. Egorov still has remaining debt positions across four other DeFi protocols.

Golden Finance reported that according to Scopescan data monitoring, Curve founder Michael Egorov deposited 11 million CRV (approximately US$5.73 million) to Silo 6 hours ago and borrowed 1.8 million crvUSD. He then exchanged 1.8 million crvUSD for 1.55 million USDT to repay the debt on AAVE. There is also 250,000 DAI sent to the xDAI bridge.

Golden Finance reported that according to PeckShield monitoring, the attacker's address marked with the BONqDAO vulnerability had converted 100,400 DAI into 100,400 crvUSD, and then the attacker deposited 100,400 crvUSD into Silo. Golden Finance Note: BONqDAO was attacked on February 1, 2023, resulting in a loss of approximately US$120 million.

Odaily Planet Daily News According to the lending agreement Silo tweeted that the LSD agreement PlutusDAO deposited 200,000 ARB to Silo.