forum, but can you borrow against BTC on anchor?
no. you can't https://app.anchorprotocol.com/borrow you can have bluna, beth and wasAVAX as collateral to borrow.
Any plan to be able to borrow against BTC? Separately, if I borrowed again at beth, what token is my loan denominated in? Is it UST?
Borrow in UST and pay back in UST, correct? Example: if I borrow 100 UST and UST looses its peg and goes down to 50 cents, I still owe 100 UST, which in this example will be worth $50. An you please confirm that this is how it works?
Admin, can you weigh in? One would owe 100 UST, regardless of the price of UST? Or is there a different formula?
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