On Christmas Eve 2023, the decentralized finance platform @marginfi reached a significant milestone by breaking $100 million in borrows and approaching $500 million in total supplied funds. The following day, Christmas Day, the platform confirmed it had crossed the $500 million threshold in supply. Edgar Pavlovsky, a user associated with MarginFi, celebrated the achievement and stated, 'Job's is nowhere close to finished. Next stop: $1B.' Meanwhile, a notable wallet was reported to have purchased over $500,000 worth of MUBI tokens on Christmas Day, accumulating a total of $1.5 million worth of the tokens. The activity was acknowledged by Kyros Ventures/Coin98 Ventures with a 'Feliz navidad'. MarginFi's substantial increase in supplied funds during the holiday season was highlighted by multiple users, with one user, MrGnalt, playfully remarking on the influx of millions into MarginFi with a 'ho ho ho', and Edgar Pavlovsky reminding to 'lend responsibly'.
millions coming into marginfi on christmas ho ho ho
Hundreds of millions in capacity to @marginfi Merry Christmas 🎄, lend responsibly ◼️
🎄 Christmas Day 2023 Update: @marginfi just crossed the $500 million mark in supply! 🚀 This milestone is just the beginning. https://t.co/gfEai8mH6f
This interdasting wallet continues to buy $MUBI on Xmas. He's bought over $500k worth today & now owns $1.5m worth of tokens. 👀 👋Hola Kyros Ventures/Coin98 Ventures. Feliz navidad https://t.co/09uYYvCYjj https://t.co/EqZO2GDs7C
Christmas Day, 2023: @marginfi crosses $500 million in supply I have only one thing to say: Job's is nowhere close to finished Next stop: $1B ◼️ https://t.co/5VAnKRP6KF
Christmas Eve, 2023: @marginfi breaks $100M in borrows and is close to $500M supplied who are you onboarding this holiday? https://t.co/ymkAfUCqAm