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22 June 2021

Cream Finance Logs $1.3M Bad Debt After SWAG Crash | Crypto Briefing

Cream Finance Logs $1.3M Bad Debt After SWAG Crash | Crypto Briefing


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Cream Finance Logs $1.3M Bad Debt After SWAG Crash.

Swag Finance’s SWAG token has plummeted this week, leaving Cream Finance with $1.3 million in bad debt. .

Cream Finance has created $1.3 million in bad debt due to a token price crash.

Cream Finance held a debt of $1.3 million in USDC and USDT, but when SWAG crashed, the debt turned illiquid.

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