
With Drift exploit, what is the hurdle rate for Usdc yield in borrow/lend defi? Before (& likely stupidly) had left money in at 5-6% Apr. Removed all of this today and sent to Coinbase to earn 3.5%. New minimum for me is 15% Apr, which is only possible if protocol is heavily incentivized or looping. Like Neverland on Monad. Basically for new chains / protocols which are riskier. Sad day for defi and solana. Luckily not impacted but was heavily farming Drift last year.

