NBS: On-chain DeFi withstood the test of extreme market conditions, with a total of 286 million NBS involved in pledged lending

According to the official news from NBS: Due to the recent extreme market conditions, DeFi lending products in the market have seen a large number of passive liquidation and even bad debt risks. So far, a total of 286 million NBS on the NBS chain have been involved in pledge lending, with a lending amount of 7.3 million CNY.

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