A $10,000 USDC payout needs $25,500 in Bitcoin in CryptoSlate's @coinbase loan example, including a 2% fee. Debt starts at 40% of collateral value. A large Bitcoin price fall can…
Original source excerpt
A $10,000 USDC payout needs $25,500 in Bitcoin in CryptoSlate's @coinbase loan example, including a 2% fee. Debt starts at 40% of collateral value. A large Bitcoin price fall can trigger an automatic…
A $10,000 USDC payout needs $25,500 in Bitcoin in CryptoSlate's @coinbase loan example, including a 2% fee. Debt starts at 40% of collateral value. A large Bitcoin price fall can trigger an automatic sale. via @pelicamatos https://t.co/QkdOscuBMb
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