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Aqua Protocol - Borrowing on TON (EN)
@aquaprotocolxyzchannelen
05.12.2024 07:53
What are the risks when minting AquaUSD? (About liquidations)

1. Collateral below 150% (or 110% in usdt-slp) — part of the collateral will be sold, and a portion of the debt will be repaid to bring the collateralization back to 200% (120% in usdt-slp), with a 12% penalty.

2. Collateral below 125% (or 105% in usdt-slp) — all collateral will be sold to fully repay the debt, with a 25% penalty, but AquaUSD will remain with you.

Important: Even in the case of full liquidation, you lose only the collateral, while your credit remains with you. This is more advantageous than on exchanges, where you could lose everything.
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Aqua Protocol - Borrowing on TON (EN)

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РУ чат: @aquaprotocolxyzchannel

CDP (borrowing) protocol and a new liquidity layer on TON blockchain, which mints its own overcollateralized stablecoin AquaUSD

EN Chat: @aquaprotocolxyzen
Support: @aquaprotocolxyz_support_bot

http://aquaprotocol.xyz
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