loans with Celsius, would you continue to keep paying them back or would you use that capital to just DCA on the open market?
I would not pay them back. Most are probably looking at a haircut of 86%. In order to generate interest they were they were probably leveraged 6 times. 2 for 7 billion buyout kind of confirms this for me. I know not good news but thats my best analysis.
So do you think that all loans that users have on the platform will just be liquidated?
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