.@BankToTheFuture s looking to help users affected by the insolvency of crypto lender Celsius Network. Here’s a look at the three recovery plans it proposed this week: https://t.co/cbNiuq6Kcw
Celsius reached out & I am considering best way to help. My best position is as an independent shareholder & depositor. All our proposed plans put depositors first & @BankToTheFuture has experience to execute. #DepositorsFirst Participate in recovery here: https://t.co/zGKtrU2jUG
Celsius has paid an additional $19 million off of their outstanding DAI loan.
The liquidation level for their wBTC secured loan vault is now at $14,000.
The median price of a new home in the US is now 6.7x higher than the median household income.
Housing has never been more unaffordable relative to incomes.
Buying $luna now is not "buying fear", it is buying an asset stuck in a death spiral.
Anyone who bought $luna at any point this week is down 99.9999%.
250 million market cap coin "collateralizing" 11.5 billion $ust...