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Mr-T

If i supply BUSD to kava lend, can I then

borrow USDX with this? Or is it better to supply USDX and then borrow USDX with this?

#blockchain #cryptocurrency #english #kava
0

5 ответов

16 просмотров
Honka-H

Usdx for usdx is a better option

0
24.10.2021
Mr-T Автор вопроса
Honka H
Usdx for usdx is a better option

👍

0
24.10.2021
Mr-T Автор вопроса

One more question. If i supply USDX, I can borrow 50% of that value in USDX and then resupply this for 66% APY. And then do the same over? How would you repay this as it's in multiple tranches? Would this be problematic?

0
24.10.2021
Honka-H
Mr T
One more question. If i supply USDX, I can borrow ...

If you supply USDX on kava lend you will earn 66% Apy. Then you can borrow only 25% of it (22-23% recommended) Then you resupply it to earn 66% APY again. You can keep doing these until you reach 97% mark For interest it would accumulate over period of time so it won't be a problem.You will have enough time to repay it .

0
24.10.2021
Mr-T Автор вопроса
Honka H
If you supply USDX on kava lend you will earn 66% ...

Ah, ok. Thanks for this. Easy way to leverage a bit I guess 🤔

0
24.10.2021

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