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Reservoir has no direct or indirect exposure to Stream, Elixir, or any other similar levered collaterals like yUSD/mHYPER/mMEV/etc.
We perform detailed risk analysis on every asset exposure, including the constant monitoring of direct and look-through exposures to underlying assets. This risk management process has kept Reservoir's balance sheet from any exposure to such levered and "black-box" collateral.
All funds are safu and the Reservoir protocol is overcollateralized.
We are closely monitoring and will provide additional updates as needed.
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