WAS CELSIUS overleveraged ?
Why stETH and ETH "peg" breaking should cause you to worry.
2/x - stETH is a form of Lido Staked ETH. Upon the merge happening, if nothing goes wrong - it should be redeemable for ETH with some amount of staking yield included.
3/x Hence, stETH in a post merge era can be priced like a short dated forward. However, prior to the merge,...
