The oracle's usd value of usdj varies from ca. 0.9... @officialjustlend

Asked 1138 days ago
Viewed 89 times
0

The oracle's usd value of usdj varies from ca. 0.975 to 1.025, and usdd is always 1. Don't ask why. Thus, heavily loaded loans (even in stables) can get liquidated

asked 1138 days ago

1 Answers

Answer: In the event of liquidation, the amount of money lost will depend on the value of the USDJ relative to the USDD at the time of liquidation. If the USDJ is below the 1.025 upper limit, then the amount of money lost will be the difference between the value of the USDJ and the USDD, multiplied by the amount of the loan. If the USDJ is above the 0.975 lower limit, then the amount of money lost will be the difference between the value of the USDJ and the USDD, multiplied by the amount of the loan plus any applicable fees or penalties.
answered 1138 days ago
0
i understand now thank you. Do you know how much i lose i the event of liquidation?
answered 1138 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!