Our USDC Vault has reached a liquidity risk limit and has started rebalancing out of the Solend main pool
Its current position now sits at 31% and will continue to adjust as the expected risk changes
This sacrifices some yield, but significantly reduces risk
We are actively monitoring the ongoing Solend situation
As the large debt position moves closer to liquidation, our risk management engine will reduce Castle's exposure to Solend
As always, our main goal is to reduce the risk of any principal losses