According to Foresight News, Extra Finance, a leveraged yield protocol, officially stated that the liquidation of GB-WETH generated a total of 164 ETH in bad debts. The team will bear all losses, and lenders do not need to bear them. In order to strengthen its security measures, Extra Finance will establish a "Rainy Day Fund" this month with a starting amount of 500,000 USDC to cope with unforeseen protocol risks.