if I wanted to bid, I’m using dTSLA to bid for the collateral, meaning right now if the highest bid wins then they’re paying like 60 cents per dfi?
that is very cheap. there must be a miscalculation, how did you calculate the 60cent?
Sorry that one increased, but say batch 4, current highest bid is 1.7 dTSLA. If the person wins, they get the 1.6 dTSLA plus the collatyeral of 764 DFI? Or just the collateral of DFI? Meaning they paid 1.7 dTSLA for 764 DFI, which is 1700ish for 3082 of DFI which is like .55 per DFI?
he gets just the collateral, not the loan on top
So sorry meaning 55% of value paid meaning like 45% discount on the DFI
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