RE: CoinFlex Joins The Forced HODL Club

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Coinflex has been used as a bridge by smartbch.. Do you think it will clamp up as well? What about nexo? Will it end up like celsius?

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Most likely, unless Roger comes to the party and covers the shortfall, or they get other LP providers to bail them out. I don't know much about smartBCH but I would assume some institution is acting as the custodian to hold the BCH in a multi-sig and peg it to that EVM chain, so it was always going to be a cock up, it might survive now but destined to fail in the future

Nexo seems to not be as exposed to this issue of exposure to Luna, 3AC and stETH but they have issues of their own, plenty of allegations going around, which is why I wouldn't trust them

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Some tokens on smartbch are worth holding..it's actually a good sidechain..it's just that, some people are messing it up and trying to ruin it...

After the celsius issue, I withdrew all my assets from Nexo, lol.. Better safe than sorry.. They are the same anyway..

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Lol SmartBCH is no better than NEXO it's just another exchange but they able to charge you on-chain fees and sell you coins that are only used for wash trading. Can you name one that doesn't fit this description?

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I was referring to nexo and celsius..
..sbch is a different thing..

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