210 похожих чатов

Hello! Why borrowing BUSD on Kava Lend has become so

expensive 23.72%?😕

8 ответов

17 просмотров

"the main cause of the change in yields is a sudden drop in BUSD supplied One whale removed 2.6m was withdrawn in two tx's (1m and 1.6m around 28 hours ago), they then moved much of it into a CDP on Kava Mint Around the same time period there were a number of extra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

https://t.me/kavalabs/259313

https://t.me/kavalabs/259317

Garri-Rons Автор вопроса

This explains the mechanics https://medium.com/kava-labs/hard-protocol-interest-rate-update-45d4e279db0f

Garri-Rons Автор вопроса
CryptoDaz (Darren)
This explains the mechanics https://medium.com/ka...

It's clear. Thanks again! I'm going to read. Borrowing BUSD has become extremely unprofitable, I'll go to think about what to do in such a situation.

Garri-Rons Автор вопроса
CryptoDaz (Darren)
https://t.me/kavalabs/259317

The only thing that pleases me in this situation is that the APY of the BUSD collateral has also grown to 20%)) I'll go look for BUSD to provide Kava Lend. Everyone will win a little - and thus we will slightly reduce the% Borrowed and earn a good% on the Supply APY as a bonus. 20% per annum is a good APY for Busd (as collateral)

Похожие вопросы

Обсуждают сегодня

@Benzenoid can you tell me the easiest, and safest way to bu.y HEX now?
Živa Žena
20
This is a question from my wife who make a fortune with memes 😂😂 About the Migration and Tokens: 1. How will the old tokens be migrated to the new $LGCYX network? What is th...
🍿 °anton°
2
What is the Dex situation? Agora team started with the Pnetwork for their dex which helped them both with integration. It’s completed but as you can see from the Pnetwork ann...
Ben
1
Anyone knows where there are some instructions or discort about failed bridge transactions ?
Jochem
21
@lozuk how do I get my phex copies of my ehex from a atomic wallet, to move to my rabby?
Justfrontin 👀
11
Hello, Is iExec also part of the "inception program" or another one ? Would it be a name to qualified the nature of the relationship between iExec and Nvidia? And does Secret ...
Ñïķøłäś
8
Ready for some fun AND a chance to win TKO Tokens? Join us for exciting minigames in our Telegram group! 🕒 Don’t miss out—games start on today 25 October 2024, at 8 PM! Ge...
Milkyway | Tokocrypto
255
any reference of this implementation?
BitBuddha
29
Also, why can’t the community have a vote/ say when it comes to initiatives like buybacks. Isn’t the point of crypto decentralisation? Don’t we deserve input as long term supp...
👨🏽‍🦰
13
Hi guys, any problem with Pulsebrige? Trying to transfer from wETH to ETH. First it tells me to connect my metamask "through mobile app" not desktop. Then I did and confirmed ...
Snowflakecrypto
13
Карта сайта