There is a great video on YouTube. Guy breaks down risk. So 4x would be liquidated if price falls 25% eg
Yea I saw that , he said 2× is 50% but I am not sure if coti will drop 50% from current price
Yep but it's 50% of the entry price
The current price is $0.22~ dollars so if I stake now if it drops below $0.11 I will be in trouble , am I right ?
Yep. But you can top up or bail for 2% loss like I'm about to.
You have to check your health factor at the moment that you stake it, it should be 2.0, try to simulate it and check the health factor, if you simulate and the health factor say 1.5 no u probably will get liquidated at 0.16
2 is only when staked with no conditions
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