Loan crisis

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X @wale.moca ๐ณ
wale.moca ๐ณยท 2025-08-26 18:43
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 ๐ณ (@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 ...