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Juan Manuel Telechea-

Mayank could you explain me the liquidation fees? I couldnt

find it un the docs. They liquidated my whole position. I thought you applied a fee/penalty, but not take the whole collateral.

#cryptocurrency #english #mirror.protocol
0

11 ответов

51 просмотр
Mayank-Grover (Will never DM first or ask for funds)

Your collateral will be sold at the auction discount to the liquidator

0
03.05.2022
Juan Manuel Telechea- Автор вопроса
Mayank Grover (Will never DM first or ask for funds)
Your collateral will be sold at the auction discou...

So if they liquidated the whole collateral IS because the price of the masset went so high that took the whole?

0
03.05.2022
Mayank-Grover (Will never DM first or ask for funds)
Juan Manuel Telechea
So if they liquidated the whole collateral IS beca...

That's not the reason, actually the liquidation amount depends upon the liquidator on how much collateral he would like to liquidate

0
03.05.2022
Juan Manuel Telechea- Автор вопроса

So once your collateral ratio goes down 150% you can loose everything no matter what? There is no proportionality with the rise of the masset? That does not seem fair

0
03.05.2022
Mayank-Grover (Will never DM first or ask for funds)
Juan Manuel Telechea
So once your collateral ratio goes down 150% you c...

If your collateral ratio goes below the minimum threshold, your collateral will get liquidated. What's not fair here?

0
03.05.2022
Juan Manuel Telechea- Автор вопроса
Mayank Grover (Will never DM first or ask for funds)
If your collateral ratio goes below the minimum th...

That it does not matter if the collateral ratio went to 149% or to 10%, you still loose the whole. Should nota be the same liquidation ammount the first case and the second one.

0
03.05.2022
Mayank-Grover (Will never DM first or ask for funds)
Juan Manuel Telechea
That it does not matter if the collateral ratio we...

The liquidation amount will depend upon the liquidator and not on the basis of collateral ratio.

0
03.05.2022
Juan Manuel Telechea- Автор вопроса
Mayank Grover (Will never DM first or ask for funds)
No criteria.

That sounds fair/transsparent to you?

0
03.05.2022

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