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Alexander-

If I have vault debt in DUSD, is it an

disadvantage to pay it back now?

I switched btc and dfi in dusd to pay back the loan, but now seem to have considerably less in my wallet.

I don't understand why.

I switched 0,04744 dbtc in 1504 dusd, which was worth $1430.

Then I switched 50 dfi in like 146 dusd.

#blockchain #cryptocurrency #defichain #english
0

4 ответов

6 просмотров
Spencer-L

No, it would be better to pay back the debt now. You can get more DUSD per DFI now than if DUSD was at $1.

0
20.05.2022
Spencer-L

If you switch BTC to USDT you will get x USDT worth $1 If you switch BTC to DUSD you will get more than x DUSD because it is worth less than $1.

0
20.05.2022
Alexander- Автор вопроса
Spencer L
No, it would be better to pay back the debt now. Y...

That's what I thought, but I somehow lost money anyways and don't understand why. Gotta think. Probably bc the btc price in the wallet dropped

0
20.05.2022
Spencer-L
Alexander
That's what I thought, but I somehow lost money an...

There is a recently implemented 0.5% fee on DUSD trades in either direction, which might be impacting you.

0
20.05.2022

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