How the Celsius Liquidity Crunch Is Linked to Lido's Staked Ethereum - Decrypt


6/13/2022 12:00:00 AM2 years 10 months ago
by Stacy Elliott

A core piece of Celsius's Earn strategy relies on Staked ETH not losing parity with Ethereum. But it has, and now customers want their money back.

Its only been a month since the collapse of Terra, and the chaos that it created in the crypto market, and now Lido Finance and its Staked Ethereum (stETH) are at the center of another potential liqu… [+5523 chars]

full article...