Auros Digital is under debt of 8,400 wETH of MAPLE FINANCE.
Auros Global, a crypto trading platform, seems to face a liquidity problem after the collapse of the giant crypto exchange FTX.
According to the official tweet of M11 Credit, Auros Global borrowed 2,400 wrapped ether(wETH)worth about $3 million from Maple Finance(credit pool), a decentralized finance lending platform.
M11 quoted in its tweet that “Auros is experiencing a short-term liquidity issue as a result of the FTX insolvency. This does not mean the loan is in default. We are working with Auros, who have acted promptly and responsibly.”
We would like to provide an update regarding Auros, who today missed the principal payment on a loan of 2400 wETH which triggered a 5-day grace period as per the smart contracts.
1/5
— M11 Credit (@M11Credit) November 30, 2022
FTX collapse has troubled several independent firms like BlockFi and Genesis Global Capital, and according to some reliable reports, more
We współpracy z: https://www.thecoinrepublic.com/2022/12/01/auros-global-blunders-defi-payment-ftx-collapse-repercussions/
