CryptoSlate|Aug 07, 2026 02:51
AVAX One holds ~$88M in AVAX, but its lender will not count a single token toward liquidity.
After a CEO-triggered default, the minimum jumped 35× to $3.5M in cash or Bitcoin, while tougher conversion terms raise dilution risk.
By @akibablade
(CryptoSlate)
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