I noticed an interesting detail in how #bStocksCIS entered DeFi. On June 20, Venus Protocol added $TSLAB , $NVDAB , and $SPCXB to its Core Pool on the BNB Chain as collateral—with fairly conservative parameters: a 60% collateral factor for TSLAB and NVDAB, and just 50% for SPCXB (apparently due to a shorter trading history and volatility after the recent IPO).
But the most interesting part—at launch, the borrow cap (the borrowing limit) for all three markets was set to zero. In other words, technically you could deposit bStock as collateral, but you couldn’t actually borrow anything against it—the protocol first tested the price oracle stability and the depth of available liquidity before enabling full borrowing.
The logic makes sense: before allowing leverage on an asset that trades 24/7 while its underlying share is closed for half a day, you need to make sure the oracle won’t break due to a price gap when NASDAQ opens.
Has anyone checked whether the borrow cap was raised since launch in June—so you can actually borrow against TSLAB/NVDAB/SPCXB now, or is it still just deposits without borrowing?
@BinanceCIS #bStocksCIS
But the most interesting part—at launch, the borrow cap (the borrowing limit) for all three markets was set to zero. In other words, technically you could deposit bStock as collateral, but you couldn’t actually borrow anything against it—the protocol first tested the price oracle stability and the depth of available liquidity before enabling full borrowing.
The logic makes sense: before allowing leverage on an asset that trades 24/7 while its underlying share is closed for half a day, you need to make sure the oracle won’t break due to a price gap when NASDAQ opens.
Has anyone checked whether the borrow cap was raised since launch in June—so you can actually borrow against TSLAB/NVDAB/SPCXB now, or is it still just deposits without borrowing?
@BinanceCIS #bStocksCIS