Liquidation Could be a Double Whammy
MajesticFinch
May 10
Loans are easy to come by in the crypto market. Defi (decentralized finance) and other crypto finance apps make everything about the loan process easy and accessible. All that a crypto owner needs are the crypto assets and the knowledge as to where to deposit the assets to get the best LTV (loan to value ration). Why would you take out a loan? Regardless of the reason for taking out a loan, the borrow is betting that the value of the collateral won’t decrease after the loan is taken out. If t...
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