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Aave Fam | NOT Airdropping Aave Fam | NOT Airdropping
iZu-< Dear Scammer, Dont DM ME >

Just want to confirm : - assume i deposit BTC as

Collateral worth 100$
- i borrow USDT worth 50$
- but BTC price go down and down.
- at some point my Collateral = my borrow
- assume it worth around 105$
- Then i will be liquidated
(1) i lose my BTC
(2) but i am not in debt anymore , right ?
(3) there is any fee when i will be liquidated ?

Thx

#aave #blockchain #cryptocurrency #english
0

3 ответов

17 просмотров
h3lpfulBrother-

Close https://docs.aave.com/faq/liquidations

0
15.12.2021
iZu-< Dear Scammer, Dont DM ME > Автор вопроса
h3lpfulBrother
Close https://docs.aave.com/faq/liquidations

sir, in example (1) what happen with Bob ? in example , it explain in term of Liquidators not Bob. thx

0
15.12.2021
h3lpfulBrother-

Each collateral has a max LTV (max you can borrow against it), liquidation threshold and liquidation bonus. For WBTC this is 70%, 75% and 6.5% This means when your WBTC = 75% of your loan value you are eligible for liquidation.

0
15.12.2021

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