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My doubt is yesterday was 3m busd supplied busd withdrawn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?

11 ответов

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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

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%?😅

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

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?

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

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

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my analysis and the main cause of the change in yields is a sudden drop in BUSD supplied One whale removed 2.6m was withdrawn in two tx's (1m and 1.6m around 28 hours ago), they then moved much of it into a CDP on Kava Mint Around the same time period there were a number of extra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

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

Red line is borrow balance, blue is the supplied balance

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