it will dump price more?
No. They will be seized by BNBChain, not dropped on the market.
so there will be no dump and sell? who will pay stablecoin borrowing from that bnb ?
No, there will be no dump and sell, and to answer your last question: https://twitter.com/VenusProtocol/status/1668142791505977344?t=DVs0DeJm-PropqbS62kPjA&s=19
It's just reduce liquidate price to 176$ right ?
I haven't done the math but yes probably in that range.
It's just move death line.
so these bnb will not get venus devs, or bnb devs, it will stay in venus locked and only stablecoin liquidity will be added to no liquidate position ?
$176 is quite far, unless it suddenly a flash dump in second. who knows as this market is crazy.
At this time maybe worry this. Because SEC sued binance / cz. It's impact BNB directly because buyer worry to buy. As earlier BNB drop fast from 310$ » 225$ with in a week.
This is partial liquidation in defi sir, I can't find a reason to liquidate all at once.
I know but maximum is 50%, if this range buyer will brave to buy because it's discount.
you think 310$ » 225$ is fast drop? XVS is worse than that as I calculate(since June05)😁
btw 17.12.2022 bnb dropped on binance spot usdt to 220 and nothing happened ?
at this time liquidation price is 20
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