What does that mean?
$YFI already at full utilization on Maker. Debt ceiling about to be raised. Probably see another Aavexodus after.
Available supply reduces --> Utilization rate rises --> Borrow rates rise --> $18m in outstanding debt --> Few?pic.twitter.com/2K0toGOESS
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It means price go up
End of conversation
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18M is nothing compared to YFI mcap, no?
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Yeah, it's about the message though. A lot of sizeable borrows already threw in the towel today.
End of conversation
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Just to translate.. repay == Price go up right
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