IMF Credit Cartel
$IMF delivers cartelized credit to degens 💸
POST MORTEM: $IMF Liquidations Summary
Earlier we provided an update on what happened and what you need to know.
We've now published a liquidations post mortem to the URL at the bottom of this tweet ⤵
Brief Summary:
- Liquidations: 260
- Unique borrowers: 126
- Seized: 5,106,321.08 IMF
- 15.47% of total IMF supply
- Repaid: 1,592,486.84 USDS
- Bad Debt: 632,978.67 USDS
- Blocks: 23,030,818 to 23,035,922
Please note: Bad debt (~1% of USDS deposited) is less than the total yield generated for lenders, so there is no net loss.
0xigami.github.io/imf-liq-summary
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