Can anyone here tell me the exact liqudation %

Question

Can anyone here tell me the exact liqudation %

when i supplied 100 usdt and borrowed bnb with borrow limit used 66.21 % ? usually bnb borrow limit is 80% and i guess 85 % is the starting point of liqudation...

#blockchain #cryptocurrency #english #venus

0

13.05.2024

9 ответов

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jacky chan Автор вопроса

Devita | Venus 🇮🇩
when your total borrow is exceeded the limit, you ...

when i try to borrow bnb (supplied usdt) the borrow limit is set to 80% , if i borrowed bnb with 80% limit button , are you saying that my usdt could be liquidated immediately ?

0

10 дней назад

Devita | Venus 🇮🇩

jacky chan
when i try to borrow bnb (supplied usdt) the borr...

Thats correct, as far as I know the liquidation threshold and borrow limits are the same on bnbchain

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10 дней назад

jacky chan Автор вопроса

Devita | Venus 🇮🇩
Thats correct, as far as I know the liquidation th...

thx a lot... venus ui is not user friendly i think.. there is gotta be explanation ltv and liquidation threshold % in venus ui.

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10 дней назад

Devita | Venus 🇮🇩

jacky chan
thx a lot... venus ui is not user friendly i thin...

It depends on what lending protocol you are used to, for me venus UI is the most simple to use, atleast we have a calculator that tells you how much you earn or have to pay 🙈

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10 дней назад

jacky chan Автор вопроса

thx a lot.. in this screent shot.. borrow limit used 87.32 % , if i just proceed this borrow , my usdt would be liquidated immediately because bnb (suppplied usdt) borrow liquidation threshold is 80% .. am i understanding correctly ?

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10 дней назад

Devita | Venus 🇮🇩

jacky chan
thx a lot.. in this screent shot.. borrow limit ...

no, thats 87% of the 80% limit, you will be liquidated when you borrow 100% of your 80% collateral value

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10 дней назад

jacky chan Автор вопроса

Devita | Venus 🇮🇩
no, thats 87% of the 80% limit, you will be liquid...

ah.... so.. when the borrow limit used % hits 100% , liqudiation would be started ?

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10 дней назад