My doubt is yesterday was 3m busd supplied busd withdrawn

Question

My doubt is yesterday was 3m busd supplied busd withdrawn

by user

Why u r taking 6daya back Calacutions?

And till today morning the inteest rates are fine

Only few hours back increase right?

#blockchain #cryptocurrency #english #kava

0

09.10.2021

11 ответов

7 просмотров

crypto Trader Автор вопроса

CryptoDaz (Darren)
I had details from 6 days ago but nothing since. I...

Yes please check I also checked on explorer only What i am thinking is it was intensionally done by T..m For attracting users to improve liquidity U r saying the borrowed amount improved from 38% to 80% that is the reason for increasing interests from 3% to 30% If ww decreased the borrowed% from 80% to 38% will the intrest rates will also down to 3%?😅

0

09.10.2021

Cryptonian | AstarDEGENS

CryptoDaz (Darren)
I had details from 6 days ago but nothing since. I...

when will $SWP be available to supply/ borrow?

0

09.10.2021

CryptoDaz (Darren)

Cryptonian | AstarDEGENS
when will $SWP be available to supply/ borrow?

I don't have a date, but Proposal #65 adds SWP price feeds which is the first step, so imagine it won't be long if the proposal passes. Turnout under 6% so far so needs more votes https://www.mintscan.io/kava/proposals/65

0

09.10.2021

Cryptonian | AstarDEGENS

CryptoDaz (Darren)
I don't have a date, but Proposal #65 adds SWP pri...

Cool, thanks

0

09.10.2021

Cryptonian | AstarDEGENS

CryptoDaz (Darren)
I don't have a date, but Proposal #65 adds SWP pri...

I can't find the vote option on that page. Is there a different link for voting?

0

09.10.2021

CryptoDaz (Darren)

Cryptonian | AstarDEGENS
I can't find the vote option on that page. Is ther...

You can't vote via mintscan. Currently the only option for those with staked Kava is via the Cosmostaion mobile wallet

0

09.10.2021

Cryptonian | AstarDEGENS

CryptoDaz (Darren)
You can't vote via mintscan. Currently the only o...

Thanks

0

09.10.2021

CryptoDaz (Darren)

crypto Trader
Yes please check I also checked on explorer only ...

You can read more how the rates work here https://medium.com/kava-labs/hard-protocol-interest-rate-update-45d4e279db0f

0

09.10.2021

CryptoDaz (Darren)

crypto Trader
Yes please check I also checked on explorer only ...

I have done my analysis and the main cause of the change in yields is a sudden drop in BUSD supplied One whale removed 2.6m was withdrawn in two tx's (1m and 1.6m around 28 hours ago), they then moved much of it into a CDP on Kava Mint Around the same time period there were a number of extra borrowing tx's in more than one wallet for 138K, 250K, 270k, etc

0

10.10.2021

CryptoDaz (Darren)

crypto Trader
Yes please check I also checked on explorer only ...

Red line is borrow balance, blue is the supplied balance

0

10.10.2021

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

I had details from 6 days ago but nothing since. I can check the details on mintscan to work out when it happened. I will check later

0

09.10.2021

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My doubt is yesterday was 3m busd supplied busd withdrawn

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