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If I borrowed USDX with BUSD, should I be concerned

if USDX lose peg (if it happened)? I was thinking even if USDX drop to $0.10, I will only return USDX and get back my BUSD at no loss?

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Yes, if busd is $0.1, you have to return the same amount of usdx you borrowed

Andy-Lau Tak-wah Автор вопроса

i still get back the $10000 i deposited to get the USDX correct?

You deposited $10k busd and borrowed 9k usdx. Either usdx is $0.1 or even $10 you have to repay 9k usdx (borrowing with busd is interest free). Then you can withdraw $10k busd you locked

What @NotDenisRublev mentioned above is correct. Also, USDX will be always pegged to one US dollar on the Kava Mint.

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