Post #2162

Everyone chases yield, but risk is the alpha, too. NEXO’s risk score sits at 0.87 — meaning its LTV relative to liquidation buffer is materially tighter than Compound (2.33) and Aave (3.0). Translation: less relative leverage, thicker collateral cushion, lower reflexive liquidation pressure when volatility spikes. We learned in 2021–2022 that overextended balance sheets implode first. In this cycle, the protocols that survive will be the ones built with buffers.