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Yunsh-

I think both busd and usdx are pegged at $1

in kava? Is it correct?

#blockchain #cryptocurrency #english #kava
0

6 ответов

14 просмотров
CryptoOwl1-

BUSD should get it's price from the Oracles afaik? USDX has 1 USD peg on certain cases such as auctions and minting (1 USDX = 1 USDX after all). But USDX value does freely fluctuate when you are supplying it for loans or do liquidity providing on swap.

0
11.10.2021
CryptoDaz-(Darren)

on Kava Mint yes

0
11.10.2021
Yunsh- Автор вопроса
CryptoDaz (Darren)
on Kava Mint yes

This means we won't be liquidated if we borrow close to limit, until there is change in proposal or interest reintroduced?

0
11.10.2021
CryptoOwl1-
CryptoDaz (Darren)
Correct for BUSD-A (Don't ever use BUSD-B)

Is this the case even if BUSD goes to 90c? 🤔

0
11.10.2021
CryptoDaz-(Darren)
CryptoOwl1
Is this the case even if BUSD goes to 90c? 🤔

Yes on kava mint no price feed is used for BUSD or USDX

0
11.10.2021

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