Paypal Mafia and Crypto Lending Platforms in Trouble
The Canadian Investor
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Using Defi to Generate High Yields
Celsius had been using defi to generate high yields with the funds that were being deposited on their platform by users. But during bear markets like we're seeing right now, you can get in the exact situation they've found themselves. negative inflows just means there's less money coming in on the platform. An going out. So more people are withdrawing than putting new money in. This was bound to happen. I think, likeit do the writings on the wall,. You should have complete your guard should be up and aware of there are many risks when you are accepting an 18 % yield.
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