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“Limit the borrow function of XVS and SXP” is "you will have a limit to borrow other coins using XVS/SXP as collateral from now“, but you still can keep you current debt and can repay you debt as your wish.
In other words to explain limit the borrow function of XVS and SXP:
When you want to borrow new debt will only calculate 50% (can set by the system from 0% to 70%) collateral value of XVS/SXP.
But the liquidation trigger still will be 70% (now the collateral value of XVS/SXP is 70%) and calculate full collateral value of XVS/SXP.
It will ask two separate calculation mods: one for borrow, one for liquidation.
The text was updated successfully, but these errors were encountered:
“Limit the borrow function of XVS and SXP” :
“Limit the borrow function of XVS and SXP” is "you will have a limit to borrow other coins using XVS/SXP as collateral from now“, but you still can keep you current debt and can repay you debt as your wish.
In other words to explain limit the borrow function of XVS and SXP:
When you want to borrow new debt will only calculate 50% (can set by the system from 0% to 70%) collateral value of XVS/SXP.
But the liquidation trigger still will be 70% (now the collateral value of XVS/SXP is 70%) and calculate full collateral value of XVS/SXP.
It will ask two separate calculation mods: one for borrow, one for liquidation.
The text was updated successfully, but these errors were encountered: