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So if we can borrow up to 80% on anchor

with bLuna, does that mean if you do indeed borrow 80% LTV, even if Luna drops 1%, you would be partially be liquidated to maintain that 80% LTV ? Like no bufffer?

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If you have collateral worth $2000 or less, you will be fully liquidated, if it is more, only some of it is liquidated. https://docs.anchorprotocol.com/protocol/loan-liquidation

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