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CryptoNewsZ 2023-09-15 14:35:16

Loan backed by ZRX is closer to liquidation

ZRX could drop sharply, and if that happens, then the governance token of the protocol is likely to result in bad debt. This comes to light as the lending market has been frozen since November 2022. Aave v2 reportedly hosts a wallet with $2.5 million in outstanding debt. This is against $8 million worth of …

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