Let me jump on that as well and ask something:

Question

Let me jump on that as well and ask something:

so by minting usdx and then lending it and then borrowing more usdx to lend some more, the stability of the asset sort of stays the same reducing my risk of liquidation?

#blockchain #cryptocurrency #english #kava

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20.10.2021

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Neca Careca Автор вопроса

CryptoDaz (Darren)
Yes, this is a stragey I have mentioned previously...

great explanation mate, thanks. I am looking at that strategy for the long run

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20.10.2021

CryptoDaz (Darren) · Accepted Answer

Yes, this is a stragey I have mentioned previously. If you don't involve other assets the risks are much lower, but always be aware of any potential borrow fees which can get high in some cases, although while USDX borrowing is limuted to 5m I think it should remain low Example Supply 10,000 USDX, Borrow 2,200 USDX Resupply that 2,200 USDX and borrow 500 USDX Resupply 500 USDX You now have 12,700 USDX supplied and 27% extra Kava Rewards

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Let me jump on that as well and ask something:

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