WHY LST DEPEGS (LIKE RENZO) ARE GETTING MORE COMMON

Summary from the TLDR Crypto newsletter

This thread discusses the recent depeg of Renzo Protocol's liquid staking token, ezETH, noting that such events are becoming increasingly common in the crypto space. Its author highlights the importance of setting safe parameters and using safe leverage to protect funds, even if it means losing market share to riskier competitors, as survival is the key to long-term success in the industry.