Now the Mint section, what would incentivize a user from

Question

Now the Mint section, what would incentivize a user from

providing their KAVA as collateral to mint USDX, as opposed to using the Lend screen to borrow USDX, ultimately performing the same task?? Besides seeing the Liquidation price on the modal?

#blockchain #cryptocurrency #english #kava

0

18.01.2022

3 ответов

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CryptoDaz (Darren)

You can borrow more USDX on Kava Mint (66.7% LTV Vs 50% LTV on Kava Lend) On Kava Mint the value of USDX is fixed at $1.00 while on Kava Lend USDX uses a TWAP-720 price feed (12 hour average) so you would need a little more safety margin to allow for USDX price variations

0

18.01.2022

CryptoDaz (Darren)

I posted some tables 7 days ago comparing the yields using various strategies and which of the two options is better depends on which asset you are supplying https://t.me/kavalabs/293511

0

18.01.2022

Cameron | Kava (I will never DM first) · Accepted Answer

Cameron | Kava (I will never DM first)

That's a good question. Currently, there is no rewards being given out to USDX minters. On Mint, you can borrow USDX at 150% liquidation collateral, meaning you can borrow up to 66.67% of your collateral's value.

0

18.01.2022

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Now the Mint section, what would incentivize a user from

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