[Silo DAO to Take Legal Action Against Stream Finance to Recover Unpaid Loans and Redemption Funds] Decentralized lending protocol Silo DAO is preparing to take legal action against Stream Finance to recover unpaid loans and redemption funds for xUSD and xBTC. This incident has resulted in some lenders being unable to retrieve their funds. Silo DAO stated that this action aims to recover the funds while setting a precedent for protecting lenders' rights in the DeFi space. Subsequent plans include collecting lender information and balances, coordinating legal counsel, transparently sharing legal costs, and seeking to maximize repayment and proportionally distribute funds. Silo DAO emphasized that while smart contracts are the core safeguard, legal measures are a necessary supplement. Previous analyses have pointed out that Stream Finance's $93 million loss could trigger over $285 million in risk exposure.