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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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>"Historically high gas fees cripple debtors' ability to pay off DeFi loans. Ether's price continues to correct too, down 9% at press time."
>"Historically high gas fees cripple debtors' ability to pay off DeFi loans. Ether's price continues to correct too, down 9% at press time."
A record-high $115 million in decentralized finance (DeFi) lending positions were wiped out Tuesday after the price of ether continued to correct to as low as $1,406 on Tuesday. The cryptocurrency has shed 9% in the past 24 hours
A record-high $115 million in decentralized finance (DeFi) lending positions were wiped out Tuesday after the price of ether continued to correct to as low as $1,406 on Tuesday. The cryptocurrency has shed 9% in the past 24 hours
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