Mexican Peso problem

DeFi is about re-learning the history of finance.

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

Plot twist: Russian ruble collapsed as well.

And now one could see what happen to people who pursued yield without any diversification “yield hogs“

https://www.coindesk.com/attacker-drains-decentralized-protocol-dforce-of-25m-in-weekend-attack