Am I correct in this understanding? For example, let's say I

Question

Am I correct in this understanding? For example, let's say I

want to deposit BTCB $100 and borrow BNB.
The Collateral Factor of BTCB is 80%, so you borrow BNB for $80 of your limit.
If the value of the BTCB drops to $99, the borrowing limit becomes $79.2.
If the value of the BNB did not change at this time, it would be liquidated because the borrowing limit has been exceeded.
In that case, half of the $80 borrowed, or $40, would be liquidated and a penalty of 10% of the settlement amount, or $4, would be paid.
As a result, $55 worth of BTCB and $40 worth of BNB loan remain.

#blockchain #cryptocurrency #english #venus

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03.05.2022

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Masamune 🇯🇵🦴 · Answer 1

Masamune 🇯🇵🦴 Автор вопроса

No, it's not.😅

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03.05.2022

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Am I correct in this understanding? For example, let's say I

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