
Volume
$1M
Txns
18
Traders
14
Fees
$0
Ends
Jul 13, 2022
The Celsius Network (celsius.network) is one of the largest cryptocurrency lending platforms in the market, and is estimated to have 1.7 million customers. On Sunday, June 12, 2022, the Celsius Network announced that it is suspending all withdrawals, Swaps, and transfers between accounts indefinitely "due to extreme market conditions". You can find "A Memo to the Celsius Community" which details the extent of their actions and their reasoning here: https://blog.celsius.network/a-memo-to-the-celsius-community-59532a06ecc6 This market will resolve to "Yes" if between June 13 and July 13, 2022, 11:59:59 PM ET (inclusive), Celsius users are able to perform token withdrawals. Otherwise, this market will resolve to "No". Any limits on withdrawals (e.g. maximum of X value of tokens in a specified period of time) will have no bearing on the resolution of this market. If any withdrawals are allowed by users, it will be sufficient to resolve this market to "Yes". The primary resolution source for this market will be information released by the Celsius Network's official or verified channels (https://celsius.network/, https://twitter.com/celsiusnetwork, https://blog.celsius.network/, https://www.instagram.com/celsiusnetwork/, etc.), or a verified withdrawal by a Celsius user; however a consensus of credible reporting may also be used.
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