Oh please can you give me the formula to work

Question

Nexo Community

Hooky

Oh please can you give me the formula to work

it out myself? then I can keep track.

#cryptocurrency #english #nexo

0

22.01.2022

5 ответов

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M Z

Jesur | Nexo | No Support via DM
You can check the formula here: https://support.ne...

But at what LTV level? Is what we want to know. Doesn’t help to calculate the LTV, if we don’t know at what level assets will be moved over. Example: A loan with BTC as collateral @ 50% LTV. BTC price drops, thus LTV is now at 60%. Will assets be moved in this scenario to bring the LTV back down to 50%? Or will it happpen already at 51%? Or at 70%? Or just before 83,33%? Talking about locked term assets with auto-function enabled

0

22.01.2022

Kristian

M Z
But at what LTV level? Is what we want to know. Do...

Assets will be moved to credit line wallet whenever it is needed to avoid liquidation unless you disable this feature (not recommended).

0

22.01.2022

M Z

Kristian
Assets will be moved to credit line wallet wheneve...

Appreciate your reply, but there’s a difference between ”when u dont cover the LTV ratio” and ”to avoid liquidation” Not saying u r wrong, just saying neither u or the help center is clear.

0

22.01.2022

Kristian

M Z
Appreciate your reply, but there’s a difference be...

The required LTV ratio to avoid liquidation is <88.33%

0

22.01.2022

Jesur | Nexo | No Support via DM · Accepted Answer

Jesur | Nexo | No Support via DM

You can check the formula here: https://support.nexo.io/hc/en-us/articles/360011375120-Loan-to-Value-LTV-Explained

0

22.01.2022

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Oh please can you give me the formula to work

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