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RE: Daily Crypto Markets Live Blog: Celsius Repays MakerDAO Debt (07/08/22)

in LeoFinance • 2 years ago (edited)

It seems the illiquidity that plagued cryptocurrency is lightening up a bit.

Celsius pays back MakerDAO the money it owed.

This was over $41 million.

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2 years ago in LeoFinance by
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     2 years ago  

    Liquidity was a BIG time issue and some hard lessons learned I wonder if this will cause some of these companies to start building more reliable pools.

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     2 years ago  

    I am curious if we start to see deeper liquidity pool in the decentralized finance.

    We honestly need both liquidity and depth to these tokens. Of course, that requires infrastructure before we can really develop some sophistication.

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       2 years ago  

      It seems that they did it so they can pull out the BTC and sell it on spot.

      Screenshot_8.png

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         2 years ago  

        BTC could be in for an ass kicking. Mt. Gox BTC is about to hit market too.

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           2 years ago  

          Does that mean we might be in for another dip?

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