🔥 In-depth knowledge: Stani Kulechov
In lending protocols, when the value of collateral falls below the liquidation threshold, liquidators can repay part of the borrower’s debt and take the corresponding collateral at a discount.
Borrowing stablecoins to buy highly volatile coins is equivalent to using leverage, so you need to manage risk as you would for a leveraged position.
$AAVE is the governance token of the Aave protocol, and holders can participate in governance voting.
What other topic would you like to learn about? Let me know in the comments.
In lending protocols, when the value of collateral falls below the liquidation threshold, liquidators can repay part of the borrower’s debt and take the corresponding collateral at a discount.
Borrowing stablecoins to buy highly volatile coins is equivalent to using leverage, so you need to manage risk as you would for a leveraged position.
$AAVE is the governance token of the Aave protocol, and holders can participate in governance voting.
What other topic would you like to learn about? Let me know in the comments.
