In light of recent events (Tornado Cash) I am less enthused about adding this kind of exposure to centralized stablecoins, but I also believe my reasoning in the previous thread about GLP still holds:
Vesta is already exposed to USDC risk through its other assets, and I don’t believe adding GLP is a significant step beyond the current situation. It represents a great opportunity for Vesta, and I think it would be a mistake to pass on it due to this kind of risk.
It may be worthwhile to lobby GMX to begin downsizing its exposure to USDC and other centralized assets.
Bottom line, I’m in favor of adding GLP as a collateral option.