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Lulo Says Boost Deposits Face 6.4% Drawdown Due to Neutrl Exposure
Lulo stated that its Boost deposits are experiencing a 6.4% drawdown, attributing the loss to exposure to the Neutrl protocol. However, Lulo clarified that protected deposits remain unaffected, and Neutrl's redemption contract currently offers 0.51 USDC per NUSD.
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