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Alex-

Why is the trove being closed bad? can’t you just

reopen?

#cryptocurrency #english #frax
0

3 ответов

15 просмотров
Alunara-

Yeah, redemption is annoying maybe, but iirc people don't lose money. A lot of people seem to think redemption == liquidation

0
25.10.2023
Lytnin-C
Alunara
Yeah, redemption is annoying maybe, but iirc peopl...

Small fee + if you get redeemed on a big red wick it’s like liquidating like 50% of your collateral at the bottom and letting you keep half of your eth, - fees. This would be a 200% redemption

0
25.10.2023
Samuel (Flywheel | Leviathan News)-
Alunara
Yeah, redemption is annoying maybe, but iirc peopl...

redemption causes a tax event though, which if you’ve been holding on to ETH for a long time, might not be the best

0
25.10.2023

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