Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize - CoinDesk

The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsiu…

Celsius, the liquidity-strapped crypto lender that this week paid down $223 million of loans on the blockchain protocol Maker to free up $450 million in collateral, now might be trying a similar stra… [+4051 chars]

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