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1/6 Sharing my @CelsiusNetwork Margin Call (MC) experience for those that are curious to know what takes place. Along with the amazing customer service offered by @Theloansqueen and her team (in particular Tobie) Thanks to @Mashinsky for providing such opportunities
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2/6 I took a little gamble and tried a few CEL collateralized loans at 33%LtV (out of my 70+ loans at usual 25%LtV) to potentially trigger a Margin Call. Firstly youβll receive multiple emails informing you of the MC
3/6 Your best option is to respond ASAP to loans@celsius.network and acknowledge that you are aware, that you will either add more collateral or close the loan. I requested for a 24-48hr grace period to whitelist new addresses, with no pushback from the team member (Tobie) π
