all of your LUNA? if so that is horrible... idk how people can risk that lol
I hope not lol
It's literally not explained anywhere in the doc on what amount of your collateral you lose if you're liquidated
If your LTV ratio goes above 60% then it will liquidate you to LTV of 48%.
but how much additional % of my collateral do I lose if that happens
And the docs don’t say that. The docs say you will lose everything if you have less than 2000 USD so that can’t be correct…
Yes if your borrowed value is less than 2000 UST then you may loose your full collateral.
And it's the case when your borrowed value is above 2000 UST
Understood. But there is still a lot being left out here. Example. I have $5000 worth of Luna as collateral & 2500 UST borrowed LTV = 50%. My $5000 worth of Luna drops in price to $4166. LTV is now = 60.01%. I liquidate to 48%(based on your comment). How much % additional Luna did I lose when that loan was paid off?
Обсуждают сегодня