Any problems ongoing to confirm transactions between trust and kava

Question

Kava Official

The Crypto Believer 🐼

Any problems ongoing to confirm transactions between trust and kava

Plattform? Even signing and paying decent kava fee get stuck

#blockchain #cryptocurrency #english #kava

0

24.04.2022

8 ответов

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The Crypto Believer 🐼 Автор вопроса

CryptoDaz (Darren)
Thanks for feeding that back

Welcome... Is this dangerous position supplying and re borrowing USDX?

0

24.04.2022

CryptoDaz (Darren)

Not if only a single asset is involved as any price variations effect both the borrow and supply sides in proportion and maintaining the same borrow % As long as you are careful when borrowing and repaying layer to never go close to 100% at any time you will be fine. I have in the past had multiple assets each leveraged to 97% of the max but wouldn't advise that unless you are experienced and fully understand all aspects of the platform as when multiple assets are involved it's easy to make a mistake

0

24.04.2022

Noname Noname

Yeah I would not risk that. 34% staking more than enough for me 😂

0

24.04.2022

The Crypto Believer 🐼 Автор вопроса

CryptoDaz (Darren)
Not if only a single asset is involved as any pric...

Yes i know but that is related to USDX so supposed to be stable but I remember the period when USDX was anything than stable so I am asking if can do some jokes still... Eheheheh... It's 0.97$ so not perfectly anchored yet

0

24.04.2022

The Crypto Believer 🐼 Автор вопроса

Noname Noname
Yeah I would not risk that. 34% staking more than ...

Naaaaaa is USDX which one the risk? Can even stay 99% ... The problem is with other asset moving by by High Volatility nowdays

0

24.04.2022

CryptoDaz (Darren)

The Crypto Believer 🐼
Yes i know but that is related to USDX so supposed...

You can loop/leverage other assets safely in the same way. Eg. Supply 100 atom, borrow 48 atom and resupply, borrow another 24 atom and resupply, borrow another 12 atom and resupply, until you have around 95% more atom supplied thereby doubling your yield almost from 50% to over 97% APY

0

24.04.2022

The Crypto Believer 🐼 Автор вопроса

CryptoDaz (Darren)
You can loop/leverage other assets safely in the s...

That's I am doing with USDX mate ... That's why I was asking about the real stability of USDX. TO BE around 99% 😛😛😛

0

24.04.2022

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

Thanks for feeding that back

0

24.04.2022

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Any problems ongoing to confirm transactions between trust and kava

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