What will be best market interest rate to borrow sigusd

Okay, already "risking" to ergo if you've bridged it on chain... but I think I understand your concerns. In that case likely sigmafi is best option as you originally asked

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1 месяц назад

HQΣr | Wont Dm 🐾

Shiv Chauhan
Then i am risking my btc to ergo..

You don't need to risk... Swap it for any other payment asset on Mewfi :)

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1 месяц назад

Shiv Chauhan Автор вопроса

cannon_q
Okay, already "risking" to ergo if you've bridged ...

Yes thats also true.. Will check duckpool also.. I am not able to understand the liquidation penalty which is 30% on duckpool and how liquidation work in these defi lending and borrowing platform .

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1 месяц назад

cannon_q

Shiv Chauhan
Yes thats also true.. Will check duckpool also.. I...

Point of ducky is to keep lenders whole. Safe lending in crypto, crazy right! so as borrower, you have to over-collateralize your loan.... if value of collateral drops below threshold, your loan is liquidated. You can top up or adjust collateral anytime, but wise to keep it at 140%+ if 130% is your threshold. You can pop over to their telegram or discord and find good answers and experiences.

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1 месяц назад

Shiv Chauhan Автор вопроса

cannon_q
Point of ducky is to keep lenders whole. Safe lend...

Will do that..thanks for the info

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1 месяц назад

DiscordBridge

Shiv Chauhan
Can we cancel a loan request whenever we want on s...

[cafebedouin] You definitely can.

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1 месяц назад