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Coder-

Can someone help me with the actual lend to borrow

ratio?if you got let say 10k$ busd on BUSD Earn how much can you borrow on Kava lend usdx?

#blockchain #cryptocurrency #english #kava
0

18 ответов

9 просмотров
Cameron | Kava (I will never DM first)-

If you are referring to BUSD Earn, it works differently. By supplying BUSD through BUSD Earn, it functions as two birds, one stone. Your BUSD would be supplied to Mint to create a CDP to borrow USDX, but it has a 0% interest rate, and its price feed is fixed to $1.00. And then your borrowed USDX would be supplied to Lend to earn rewards in KAVA and HARD. Everything is done in one transaction.

0
08.08.2022
Cameron | Kava (I will never DM first)-

You can borrow assets using USDX as collateral, but it has 25% LTV.

0
08.08.2022
Coder- Автор вопроса
Cameron | Kava (I will never DM first)
You can borrow assets using USDX as collateral, bu...

Would this affect my busd earn if I do?

0
08.08.2022
Cameron | Kava (I will never DM first)-
Я
You mean USDX price feed is fixed to 1$? Or BUSD?

BUSD's price feed is fixed to $1.00. Thank you for pointing this out.

0
09.08.2022
Я-
Cameron | Kava (I will never DM first)
BUSD's price feed is fixed to $1.00. Thank you for...

So the main difference between supplying BUSD through BUSD earn and Mint is that there’s no interest fee when supplying via BUSD earn?

0
09.08.2022
Cameron | Kava (I will never DM first)-
Я
So the main difference between supplying BUSD thro...

I'm not sure if I understand your question entirely. Supplying BUSD to mint USDX on Mint is part of BUSD Earn's module.

0
09.08.2022
CryptoDaz-(Darren)
Я
So the main difference between supplying BUSD thro...

There's not really much difference. BUSD earn is just a simplified method for less experienced users, where a single deposit mints the USDX and supplies it to kava lend for you. The interest is zero which ever option you choose

0
09.08.2022
Cameron | Kava (I will never DM first)-
CryptoDaz (Darren)
There's not really much difference. BUSD earn is j...

Indeed. Also, using the Earn feature saves you transaction fess instead of opening a CDP on Mint using BUSD as collateral to mint USDX and supplying USDX to Lend by executing two separate transactions. Earn gets these transactions done in one transaction.

0
09.08.2022
Cameron | Kava (I will never DM first)-
md Suleman
Why swp dumping?

We, Kava Labs employees, cannot comment on the token price performance.

0
09.08.2022
Ken-DingDing
Cameron | Kava (I will never DM first)
We, Kava Labs employees, cannot comment on the tok...

But the token price is the most important thing to most of us . We need help. We need hope. We need reasons to hodl.

0
09.08.2022
Jock-Pol
md Suleman
Why swp dumping?

Coz you not buying

0
09.08.2022
Beauty-
Ken DingDing
But the token price is the most important thing to...

Your reasons to hodl should be based on DYOR

0
09.08.2022
Ken-DingDing
Beauty
Your reasons to hodl should be based on DYOR

you are not a LP here,you don't get my word.

0
09.08.2022

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