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Joe-Smith

I believe the proposal you are talking about was to

liquidated borrowers of WAVES not USDC/T borrowers. Am I miss remembering?

#cryptocurrency #de-fi #english #waves
0

2 ответов

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Bug-🤕

Wouldnt that solve the liquidity crunch ? Those who borrowed waves have to pay for it in stables or else their assets would be liquidated.

0
07.05.2022
Joe-Smith Автор вопроса
Bug 🤕
Wouldnt that solve the liquidity crunch ? Those wh...

I don’t think so…. They would return the WAVES they borrowed (buying it on some CEX) and then would still have their USDC/T collateral locked. In DeFi you cannot repay a loan with an asset that is different then the one you borrowed. To solve the USDC/T liquidity crisis I think you need the borrowers of those assets to repay.

0
07.05.2022

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