I have question about the 1.5% fee. If I use 200

Question

I have question about the 1.5% fee. If I use 200

UST to borrow mMSFT,
(Collateral Ratio 200% )
(mMSFT price is 310 UST and oracle price is 290 USD.)

After 1 month,
mMSFT price is 330 UST and oracle price is 300 USD.

I return the mAsset to close the borrow position,
How much is the 1.5% fee?
(I wanna know how it is caculated.)

#cryptocurrency #english #mirror.protocol

0

29.03.2022

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Mayank Grover (Will never DM first or ask for funds) · Accepted Answer

Mayank Grover (Will never DM first or ask for funds)

1.5% fees is calculated on the value of the borrowed mAsset at the time of closing position.

0

29.03.2022

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I have question about the 1.5% fee. If I use 200

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