Hi, is there an article where it explains why celcius

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Nexo Community

sts

Hi, is there an article where it explains why celcius

is going bankrupt and where it explains what nexo is doing differently to avoid that?

#cryptocurrency #english #nexo

0

02.07.2022

3 ответов

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Jesur | Nexo | No Support via DM
Check our twitter on why we haven't been affected ...

Thanks for the link, but I mean more an in-depth look into how yields are generated and how they are secure. I think to remember that one problem for Celsius was that they have a lot of sETH and the peg was/is off which then gave them trouble paying out those 6-8% for eth. Could something similar be a problem for Nexo?

0

02.07.2022

Kristian

sts
Thanks for the link, but I mean more an in-depth l...

Nexo has also been known to use DeFi and staking derivatives like stETH. Although they have recently started to reduce their DeFi exposure.

0

02.07.2022

Jesur | Nexo | No Support via DM · Accepted Answer

Jesur | Nexo | No Support via DM

Check our twitter on why we haven't been affected by the recent events https://twitter.com/Nexo/status/1538901191639416832 https://twitter.com/Nexo/status/1541843876914143233?s=20&t=Fh6YTiwUZBPcYm6QAQT-CA

0

02.07.2022

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Hi, is there an article where it explains why celcius

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