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Did I miss something in that article? It says they deposited more collateral to avoid a margin call, and supposedly they won’t be called until BTC hits $13k.
by schemescape 4y ago
Did I miss something in that article? It says they deposited more collateral to avoid a margin call, and supposedly they won’t be called until BTC hits $13k.
- marcell 4y agoYou can view their BTC collateralized vault here: https://oasis.app/owner/0x87a67e7dc32fdc79853d780c6f516312b4a503b5 https://oasis.app/owner/0x87a67e7dc32fdc79853d780c6f516312b4... Their liquidation price is currently $13,604 USD/BTC. The liquidation is controlled by a protocol and not subject to human intervention.
- adrr 4y agoWhere did the collateral come from?