X @wale.moca 🐳

Loan crisis was avoided here btw.Down to 5 loans that are in auction and floor price stable at 10.4 ETH, a lot of sales last nightwale.moca 🐳 (@waleswoosh):In other news: More than 140 Pudgy Penguins loans on Blur could be liquidated within the next 24 hours.For all of them borrowed amount of ETH > current floor price (LTV > 100%) and >> highest loan offer, so borrowers are likely to default.In this case, lenders will receive https://t.co/8WtmmZyEZw ...