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Or the goal is just to bring down the liquidation

price so it becomes unreachable?

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better pay it off..

That is my thought. The better they can bring it down into the realm of impossibility (for whales to liquidate them), the better off they are. Psychological games maybe. At the very least it buys more time to get other things in order.

carles- Автор вопроса
Chris
That is my thought. The better they can bring it d...

What confuses me, but I might be wrong, is that yesterday they were adding to the collateral and today they are reducing the amount of debt also lowering the liquidation threshold?

carles
What confuses me, but I might be wrong, is that ye...

maybe they wanted to keep sttables liquid, so they just added wbtc instead of paying own stables

carles
What confuses me, but I might be wrong, is that ye...

Add collateral to prevent liquidation, paying off the loan so can access the bitcoin

Chad
maybe they wanted to keep sttables liquid, so they...

Are they also having to balance the taxable events as they move/convert money?

carles- Автор вопроса
EncroMoney
Add collateral to prevent liquidation, paying off ...

But wouldn't make more sense to only reduce the amount of the loan from the beginning?

carles
But wouldn't make more sense to only reduce the am...

They didn't have the dai at the time, generated from short squeeze

carles
But wouldn't make more sense to only reduce the am...

My guess is they are using deposits to add collateral but their own funds to pay off the loan

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