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Hindrhasha-

If I use 50% LTV, liquidation only happens if the

price drops by 50%, right?

#blockchain #cryptocurrency #english #kava
0

7 ответов

21 просмотр
Hindrhasha- Автор вопроса

will we be able to swap atom before the surge? Otherwise lending strategies make no sense.

0
25.01.2022
J-

The purpose of lending is to facilitate the other side. Borrowing One may want to borrow ATOM in order to take a short position against it. Aka, borrow it, take it off the platform and sell it, pay it back later when the price is lower.

0
25.01.2022
Hindrhasha- Автор вопроса
J
The purpose of lending is to facilitate the other ...

It shouldn't be needed to move assets from the platform though?

0
25.01.2022
J-
Hindrhasha
It shouldn't be needed to move assets from the pla...

Give it time… one step then the other. The main point is you can already borrow and move assets off the platform (I use BUSDj and easily buy more atom in under 10 minutes if you wanted. Via many cex or even decentralized ways.

0
25.01.2022
Hindrhasha- Автор вопроса
J
Give it time… one step then the other. The main p...

True, thanks! I'm just stubborn in only wanting to use keplr and dexes I guess :)

0
27.01.2022

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