๐๐๐๐ ๐ฅ๐๐ฆ๐ ๐๐ข๐๐ฆ ๐ก๐ข๐ง ๐๐ก๐ ๐ช๐๐ง๐ ๐๐ข๐๐๐๐ง๐๐ฅ๐๐
Collateral is only one part of the risk involved in decentralised lending.
JustLend's risk documentation also identifies smart-contract vulnerabilities, oracle dependencies and market-related risks as factors users should understand.
A position can be correctly collateralised and still depend on accurate price information, functioning contracts and sufficient market liquidity.
This is why users should assess the broader protocol environment instead of focusing only on a borrowing ratio.
Risk awareness should be part of every decision to supply, borrow or interact with a DeFi application.
No single metric can describe every risk in a financial protocol.
@JUST DAO
@Justin Sunๅญๅฎๆจ
#TRONEcoStar
Collateral is only one part of the risk involved in decentralised lending.
JustLend's risk documentation also identifies smart-contract vulnerabilities, oracle dependencies and market-related risks as factors users should understand.
A position can be correctly collateralised and still depend on accurate price information, functioning contracts and sufficient market liquidity.
This is why users should assess the broader protocol environment instead of focusing only on a borrowing ratio.
Risk awareness should be part of every decision to supply, borrow or interact with a DeFi application.
No single metric can describe every risk in a financial protocol.
@JUST DAO
@Justin Sunๅญๅฎๆจ
#TRONEcoStar
