position on 10 borrowed short positions on mVixy, but I bought 10 mVixy in my wallet before shorting mVixy. When it comes to closing the short position, will my 10 mVixy in my wallet be used to close out the 10 short mVixy positions or will I automatically purchase on market to close out?
Scammers are fast. Immediately receive a fake message from "Send" and immediately changing to "Seb Admin" to ask on my wallet. I really with him like how I deal with all DMs from admin or mods, a nice little a**hole pic. Scammer, if you are reading in this group, I hope you enjoyed that😘
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The mVixy you have in your wallet will be used to close your position
If I don't have any positions in my wallet, then will the closing will automatically purchase from the market price?
you just won't be able to close
I see... So for delta neutral trades, you have to buy first then short. Ok thank you
When you open a position, you mint mAssets at oracle price and sell them into the market at Terraswap price When you close a position, you provide back mAssets in order to unlock the UST locked against your minted mAssets above
Yup got it, thank you
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