do the math correctly?
I’m guessing taking the minting price of the loan tokens and then redeeming it for the collaterals in auction. The difference = profit.
Am I right?
https://youtu.be/5f9SQbDUHqo
If you bid on an auction with mined tokens, you owe those tokens to the system and have to pay them back later with interest. Alternatively, you can buy the dTokens via the DEX and bid on the auction. However, this is usually not worthwhile because of the surcharge on the dTokens when buying via the DEX at the moment 👍
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