I would've been better holding all my ust in earn

Question

I would've been better holding all my ust in earn

versus trying to even pay off my loan so that I wouldn't get liquidated. But I couldn't even use the network because it was congested. So basically I sold all my other coins to pay down my loan all throughout the day. Then I go to pay down my loan more and I couldn't pay down because of network congestion. Then I lost my whole stack of 6,000 luna. @Dokwon please address this. HOw do you expect anyone to use Anchor if there whole entire stack can get liquidated. How do we bring in normies, insurance companies, other protocols, mortgage companies to use the anchor borrow and then they can get totally liquidated?

#anchor #cryptocurrency #english

0

10.05.2022

10 ответов

46 просмотров

FluffyRat

Can you comment on this : @katkis Why would anyone get liquidated 100%,, and is that even possible? I'm asking because I've got collateral on the protocol as well.

0

10.05.2022

Sonya Space Pirate

I think our problem is the peg lost so it took all our luna to pay off and leave us in debt?

0

10.05.2022

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FluffyRat
Can you comment on this : @katkis Why would anyone...

All I can say is =< 2000$ should be subject to full liquidation and above that partial to 75%. I know a statement is being prepared(though it may take some time) but I don't know what it will say. In other words I don't know if a technical issue exists or if the system was working as intended even if it may not be immediately obvious to us. So for now we wait for those who know more than we do.

0

10.05.2022

Jeff Johnson Автор вопроса

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All I can say is =< 2000$ should be subject to ful...

It is a failed system.

0

10.05.2022

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Jeff Johnson
It is a failed system.

Says you.

0

10.05.2022