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Litus Malfish-

Usdx or busd can be used as collateral to short

other assets, and ust soon too?
what is the point of being able to mint usdx from busd & ust?

#blockchain #cryptocurrency #english #kava
0

3 ответов

9 просмотров
CryptoDaz-(Darren)

You can obtain USDX without having to sell your underlaying assets Kava Mint has a muxh higher LTV than Kava Lend (99% vs 50%)

0
18.02.2022
Litus Malfish- Автор вопроса
CryptoDaz (Darren)
You can obtain USDX without having to sell your un...

but what is the point to offer liquidation risk free busd/ust to mint usdx? doesnt this invite looping (selling usdx for more busd/ust to supply more) and farm kava & hard with the selling pressure leading to usdx being below peg?

0
18.02.2022
CryptoDaz-(Darren)
Litus Malfish
but what is the point to offer liquidation risk fr...

No longer reason to loop as that doesn't earn you rewards. That was an issue prior to May 2021, but changed. If you check the USDX chart you will see the noticeable change after May

0
18.02.2022

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