📐 Today's practical tip: decentralized lending
Each type of collateral has its own loan-to-value ratio (LTV). For example, with an LTV of 75%, assets worth $100 can be used to borrow up to $75.
During periods of sharp market volatility, keep a close eye on your health factor. If necessary, add collateral or repay part of your loan in advance.
Don't trade with borrowed money—the pressure can lead you to make bad decisions.
$AAVE is the governance token of the on-chain lending protocol Aave. Current price: 114.15.
#AAVE
Each type of collateral has its own loan-to-value ratio (LTV). For example, with an LTV of 75%, assets worth $100 can be used to borrow up to $75.
During periods of sharp market volatility, keep a close eye on your health factor. If necessary, add collateral or repay part of your loan in advance.
Don't trade with borrowed money—the pressure can lead you to make bad decisions.
$AAVE is the governance token of the on-chain lending protocol Aave. Current price: 114.15.
#AAVE
