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Scammers - I'll report you-(scammers: do not contact me)

When using kava earn (busd strategy), is there any situation

where our BUSD can get liquidated due to USDX price being too low / high?

#blockchain #cryptocurrency #english #kava
0

4 ответов

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

Nope. BUSD's price feed is fixed to $1.00 and it doesn't affect your CDP no matter where BUSD or USDX price goes.

0
11.08.2022
Scammers - I'll report you-(scammers: do not contact me) Автор вопроса
Cameron | Kava (I will never DM first)
Nope. BUSD's price feed is fixed to $1.00 and it d...

In an event where USDX does significantly de-peg, can there be other risks to this strategy, such as not being able to repay and withdraw your BUSD back

0
11.08.2022
Scammers - I'll report you-(scammers: do not contact me) Автор вопроса
Cameron | Kava (I will never DM first)
Nope. USDX is always honored as $1.00 on Mint.

Got it, all makes sense. Does the launch of BUSD earn strategy help in some way for USDX to return to peg?

0
11.08.2022

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