Is there any benefit to load ust?

Question

Kava Official

Ko

Is there any benefit to load ust?

#blockchain #cryptocurrency #english #kava

0

15.03.2022

3 ответов

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CryptoDaz (Darren)

I think you have misunderstood the 60% figure you may have seen USDX has a LTV of just 25% on Kava Lend, the other assets have 50% LTV The 60% figure is simply a suggested 'safe' level, and that applies to 60-% of the maximum, so if you supply 1000 USDX to Kava Lend the max borrow would be 25% of that,s o if USDX was trading at $0.97 then your collateral would be worth $970 with a maximum borrow of $242, you would need to allow a safety margin depending on which assets you borrowed so if you went for a 60% of max borrow that would be just $145 worth of assets If you borrow 990 USDX against your 1000 UST on Kava Mint you could supply that 990 USDX to Kava Lend, borrow a further 240 USDX and resupply and borrow another 60 USDX and resupply, giving you 1290 USDX supply (and 300 USDX borrowed), you then get a yield of 31.38% on that 1290 USDX which is a yield of 40.5% of your 1000 UST Delegating your Kava rewards would earn 33% on you vesting Kava rewards takinmg your total over 50% APY

0

15.03.2022

Ko Автор вопроса

CryptoDaz (Darren)
I think you have misunderstood the 60% figure you ...

Thank you. I didn't know that I can stake my rewards too. That 25% limitation surprised me. I have small capital so I think it is worthless to go through all these steps. Now I am focusing to the busd/usdx pool. My question is - can I lose % of my initial investment in this pool. I am asking because I watched a video with a guy who lost 30% of his initial investment in a stable coins pool. But the protocol that he used was based on rebase model. I know that Kava does not use this model but I still need to assure myself. So if I add 1000$ to the busd/usdx pool will I exit with 1000$ plus the rewards?

0

15.03.2022

Cameron | Kava (I will never DM first) · Accepted Answer

Cameron | Kava (I will never DM first)

Currently, you can borrow USDX against UST on Kava Mint at 99% loan-to-value with no interest fee.

0

15.03.2022

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Is there any benefit to load ust?

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