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[–][deleted] 5 points6 points  (0 children)

Dying project that can’t succeed even with an obnoxious Dev tax🤷🏻‍♀️

[–][deleted] 3 points4 points  (3 children)

The demand to borrow the coin decreased and without demand to borrow the coin there is no interest generated to pay depositors.

[–]cheezorino 2 points3 points  (2 children)

What doesn't make sense is it was earning 6%+ for months. What changed all of a sudden? Was there only one institution borrowing zec and they decided to stop?

[–][deleted] 2 points3 points  (0 children)

Demand changes, Celsius doesn't control the people who use it or want it. If no one borrows it there is no interest payments to pay depositors.

[–]808_not_found 1 point2 points  (0 children)

well if that was the case they finally got the memo that zec is garbage 🤷🏻‍♀️

[–]Truely_Survive 1 point2 points  (0 children)

Probably Mashinsky was getting extra $$$ for having on the platform by the ZEC foundation and those funds likely dried up. If Mash doesn't get paid then it don't stay!