in my metamask (kava-EVM)
Are they native USDT? There are multiple different token contract addresses for USDT.
yes, i have put some to lend, just want to try using mint
Have you withdrawn them from Lend first?
Did you try to supply 500 USDT to USDT Earn, correct?
oh, so "earn" is same as "mint" , am i correct ?
https://app.kava.io/earn/usdt have you accessed this yet?
i understand it now, thanks.
You deposit on USDt Earn, and system Mint and Lend Usdx by itself
what if USDT unpegged ? i just want to mint 90-95% value of my USDT
System works with fixed ratio 99%. Your question should be answered by a developer. Probably, if unpegged is big, get rekt.
i see , i usually do it around 90% on my BUSD, sometime leave it 80% when away for vacation. just safety concern.
Kava team ensures a fixed ratio without liquidations if the market does not suffer a big unpegged, as Terra Luna UST
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