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Anatoly Yakovenko clarifies Celsius and Aave collateral dynamics
Anatoly Yakovenko addresses concerns about the relationship between Celsius and Aave. He emphasizes that whether accounts are linked or shadow positions exist does not affect Celsius's positions in Aave.
Celsius, he notes, was in a financially compromised state but was compelled to provide adequate collateral, ensuring Aave remained unaffected.
Yakovenko's perspective on Celsius and Aave aligns with his broader outlook on the sector, having recently discussed how the crypto market cap may continue rising amid intensifying competition for market share. In parallel, his commendation of protocols achieving Nakamoto consensus without reliance on proof of work underscores a sustained interest in innovative approaches to blockchain resilience.
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