Crypto

Firma de tranzacționare criptografică Auros Global ratează plata DeFi din cauza contagiunii FTX

12/01/2022
Știri Bitcoin Ethereum

Crypto trading firm Auros Global appears to be suffering from FTX contagion after missing a principal repayment on a 2,400 Wrapped Ether (wETH) finanțe descentralizate (DeFi) împrumut.

Asigurătorul de credit instituțional M11 Credit, care gestionează fondurile de lichiditate pe Maple Finance, le-a spus adepților săi într-un thread pe Twitter din 30 noiembrie că Auros a ratat o plată a principalului împrumutului de 2,400 WETH, care valorează în total aproximativ 3 milioane de dolari.

M11 Credit suggests that it is always in close communication with its borrowers, particularly after events in the last month, and said Auros is experiencing a “short-term liquidity issue as a result of the FTX insolvency.”

Imagine

While Auros, an algorithmic trading and market-making firm, has not yet addressed the statement by M11 Credit, the thread has been retweeted by Maple Finance itself.

M11 Credit has also stressed that the missed payment does not mean the loan is in default. Instead, the missed payment has triggered a “5-day grace period as per the smart contracts.”

This implies that Auros has until Dec. 5 to make the late payment before it will be declared as being in default.

Conform to an official Maple Finance YouTube video, if a default occurs, it could result in the borrower’s collateral being liquidated and/or staked maple tokens and USD Coin (USDC) on the platform being used to cover any shortfalls to lenders. Enforcement action could also be pursued through New York courts.

M11 credit claims that it is “working with Auros to provide a joint statement that provides further information to lenders.”

Cointelegraph has reached out to both M11 Credit and Auros for comment but did not receive a reply before time of publication.

Crypto exchange FTX announced on Nov. 11 that it would file for bankruptcy after having suffered a liquidity crisis and being unable to honor withdrawals. The resulting contagion has spread to numerous other firms. BlockFi declared bankruptcy în noiembrie 28.

Galois Capital and New Huo Technology have lost millions of dollars from FTX’s collapse, and Nestcoin has had to lay off workers because of its exposure to the failed exchange.