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magsbry-

Hey. if my borrow limit goes beyond 100%, will there

be a penalty fee?

#blockchain #cryptocurrency #english #kava
0

3 ответов

9 просмотров
CryptoDaz-(Darren)

On kava mint it's a 7.5% liquidation penalty. On Kava Lend it 2% of the supplied balance. Your collateral also gets auction off to recover the debt (any excess get returned to you)

0
27.04.2022
magsbry- Автор вопроса
CryptoDaz (Darren)
On kava mint it's a 7.5% liquidation penalty. On K...

oh i see. got it. thanks cryptodaz.

0
27.04.2022
Hong-Sar

Becareful on KAVA. it not Transparent auction process for liquidated asset.

0
27.04.2022

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