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Hi there, when will ust be implemented on kava?

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UST is already live on Kava Mint, but not yet Kava Lend or KavaSwap

Madman
so um... do I get liq'd at 90%?

Is this kava Lend or Kava Mint. If this is UST on Kava Mint you can not be liquidated For all other assets (except UST and BUSD) liquidation would occur when you hi 100% of the maximum

CryptoDaz (Darren)
Is this kava Lend or Kava Mint. If this is UST on...

aw fuck, I shoulda waited til it dropped more then 😒

Madman
aw fuck, I shoulda waited til it dropped more then...

Not sure what you have done Is this a UST based CDP on Kava Mint borrowing USDX

CryptoDaz (Darren)
Not sure what you have done Is this a UST based CD...

I could've had a lower cost basis.. I'm providing non-stablecoin cdp so my position is volatile as a mofo

Madman
I could've had a lower cost basis.. I'm providing ...

Yes, If you are supplying a non stable coin you can be liquidated if the value of your collateral falls too low

Ben- Автор вопроса
Ben
Yes i meant kava lend sorry, so any idea when?

No I don't You can supply BUSD which is fixed at $1.00

Madman
I have until 99% before I get liquidated, right?

On Kava Lend 100% would be liquidation There would be a 2% penalty of the value of the supplied assets, then all auctioned to recover the value of the borrowed assets which you now own The remainder not sold gets returned back to you

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