Market Risk Monthly (February 2022): Updates and Review

@pauljlei this is great. I am beginning to look forward to these reports each month :blush:

Can you please clarify the following?

  1. Looking at the graphics “Previous insolvent accounts from 01/25/2022 and differences up to 02/28/2022” and the next one “Total insolvencies from 01/25/2022 to 02/28/2022”
    Some accounts continued to become more insolvent. Is that because they are dust accounts and liquidators didn’t bother to spend gas money to liquidate those accounts? If that’s the case, in theory, dust accounts can continue to grow and accumulate losses for the protocol indefinitely, correct?

  2. One account sustained a liquidation of $12.8M. I think this would make an interesting story, and wondering if you can provide additional details – such as, the date of liquidation (high volatility day), collateral / borrowed assets, LTV used by the user (must’ve been very close to the CF requirement, with low margin for volatility) etc.

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