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Zimaah-📱🏆💰

How frequent the LUNA price is updated in Anchor?

#anchor #cryptocurrency #english
0

5 ответов

10 просмотров
Taster： block all scammers-beware direction message , all are scammers

You could always get a quote from coingecko.com or cryptocompare.com. Each exchange might a be different.

0
30.09.2021
Zimaah-📱🏆💰 Автор вопроса

I get you, but my point is: how the liquidation is calculated when borrowing? Coz the market can have a sudden crash (for minutes) and then get back to "normal"

0
30.09.2021
Taster： block all scammers-beware direction message , all are scammers

Oh. Yes, if the price of LUNA drops dramatically, then yes, there will be liquidation. Best way is to have a good margin of safety. If it allows you to borrow 50%, then borrow 20% is a much better strategy. Even if the sudden fall of LUNA (into half), you are still safe from it. It might happen as last May but I think people are smarter now ( Lunatics but not sure about wrapped Eth borrower). So the death spiral happens with lesser chance.

0
30.09.2021
Philipp-

I'm interested in this information as well.

0
30.09.2021
Taster： block all scammers-beware direction message , all are scammers

go to discord and ask the dev team which oracle they use.

0
30.09.2021

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