Hi, is there an article where it explains why celcius

Question

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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sts Автор вопроса

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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