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However, I can see liquidation ratio displayed as 101% -

doesn't this mean that you can mint 100 USDX when 101 BUSD is supplied?

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For BUSD it is 101% instead of 150% for the other assets , so your collateral must exceed 101% of the borrowed USDX. So if you supply 10,000 BUSD the maximum you can borrow is 9,900 USDX

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