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Kucoin Fast Trader-

Hi I am confused with the loan collateral.. does it

need to be 50% dfi or dusd? I have a loan now that doesnt..doesn't... is it at risk of liquidation

#blockchain #cryptocurrency #defichain #english
0

5 ответов

11 просмотров
Http ⬆️-

Text me

0
14.04.2022
JJ-

No, vault share is only needed when taking a loan or removing collateral. For liquidation, you need to check your Collateralization Ratio.

0
14.04.2022
Zachary-Chan
Http ⬆️
Text me

No. Everything can be communicated on the group. This is a community project and all functions can be publicly discussed for he benefit of all members.

0
14.04.2022
DcShel-Shelton

you must have at least 50% DFI or DUSD ( or combined) or more for Vault collateral for you to take out a loan. But always use more than 50% or else if the value of DFI drops sharply you could cause your vault to get frozen. It will not liquidate unless your total collateral ration falls below your scheme, but you will not be able to take more loans until you correct your 50% rule for DFI or dUSD.

0
14.04.2022

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