Project 0 is solvent & protected users during this crazy market drawdown with ~$100M in outstanding credit! Diving in: the @0dotxyz risk & liquidity engine is built on @marginfi, which is one of the most resilient, stress-tested DeFi protocols on Solana -- handling hundreds of billions of lends, borrows, flashloans, and liquidations in production, through all market conditions, over the last 3 years Here's a deeper look at how we've protected users. Over this drawdown ↓ • 100% of solvency protected • over 2,000 liquidations -- we have partial liquidations to ensure we only liquidate the minimum that brings users back to full health. This protects users! • only $1.8M liquidated! We have built in protections all users borrowing against similar market beta assets with our new pricing system (e.g. borrowing SOL against LST, or stablecoin to stablecoin) • 0 liquidations on LST/SOL Loops! (there were some big price wicks with LSTs. Users stayed protected on P0) • $>150K in revenue to liquidators! If you're a Solana liquidator and you're not liquidating on @0dotxyz, get in touch with me and I'll personally onboard you • We've added $42K to our @0dotxyz insurance vaults! • >$6B in flashloan activity during the drawdown. We are the most used flashloan program on Solana. This is while collateral assets like BONK experienced a 40% drawdown! Our risk parameters still protected users & properly customized risk per-asset. There's a lot more coming on customizing risk per-asset in our P0 credit pool, but this is a fantastic start.