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They get liquidated if the price falls. Like I said it’s the same as MakerDAO just single collateral. Also there is a percentage fee to open the loan.
by monero-xmr 4y ago
They get liquidated if the price falls. Like I said it’s the same as MakerDAO just single collateral. Also there is a percentage fee to open the loan.
- UncleEntity 4y agoIf it’s just a zombie (maybe not the best term) contract sitting on a blockchain where does that percentage fee go?