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A lot of loans on blend are getting rekt. It’s just not a good model. It’s the same issue we had with the MAYC liquidations event on Bend DAO. When floor collapsed and failing health scores liquidated loans causing more carnage. The market is so early stage. I think most…
for ordinals trading pay attention to loans on liquidium eg floor / loan offer spread and # of loans issued for a collection a must to watch, just like how people watch blur loans
for ordinals trading pay attention to loans on liquidium eg floor / loan offer spread and # of loans issued for a collection i’m not a tradoor cause it’s a low roi on my time but if you are, it’s a must to watch, just like how people watch blur loans
Recent data shows a surge in loan liquidations on Blend, with numbers hitting all-time highs over the past days. The trend is attributed to forced sellers exiting the market and a focus on solid projects with low underperforming loans. Ordinals trading is advised to monitor loans on Liquidium for potential opportunities.