How to Get Too Much Leverage in a Crypto Lending Platform

Raymond: I'm talking about the total mark to market value in the system, divided by the amount of dollars that you can take out of it. This is precisely what occurred in a global financial crisis,. every hypithecation of assets for overnight funding loans and various otherproblems. So things that appear solid, you wake up one day and they're not. And so i always try to view the crypto universe as a box with an incoming pipe of us. Dollars from speculators and an outgoing pipe of us who are purposely stealing.