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Warning Needed for USDC Deposit Risks in USDY Base
If the user is the one responsible for the issue, then it's clear that the user experience needs a significant, impactful warning similar to what's used in the swap panel. There was an assumption of sufficient liquidity, and no warning sign indicated that depositing USDC into the USDY Base could result in a loss of 60-70%. Perhaps this negative impact was caused by a separate action within the USDY Yield pool. Unfortunately, this situation also seems to affect photon earnings adversely. On the bright side, the current APY is approximately 30%, meaning it would take about three years to recover the initial investment.
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AI Analysis
The user’s experience underscores a critical gap in the user interface design related to risk disclosure. A significant negative impact of 60-70% upon depositing USDC into USDY Base was not anticipate...
AI Recommendation
It is recommended that the platform implement high-impact, transparent warnings similar to their existing swap panel alerts whenever users are making deposits or transactions that carry significant ri...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.