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/biz/ - Business & Finance

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25105562 No.25105562 [Reply] [Original]

So basically, the best way to get Linkies if you're a whale is to liquidate over leveraged retards on Aave? Is this what's happeneing?

>> No.25105671

>>25105562
I thought about it given my position but meh. I'm not worried about it. Not too worried.

>> No.25105797

depends. A Marine who borrows Link with Link as a collateral can literally not be liquidated

>> No.25106035

>>25105797
can you do that? How would that work? there can't be any default in that case right?

>> No.25106671

>>25106035
LINK interest is at 0.45% on aave 1 and 0.04% on aave 2. Even a 5 year old Nigger would be able to manage such a loan. Worst case scenario is, you do such a god damn mistrade with your borrowed LINK that you have to slowly liquidate your position with your collateral. But even that is easy to mange