Liberty Farmer on Nostr: You have a few major plot holes. You aren't leveraged on strike loans, quite the ...
You have a few major plot holes. You aren't leveraged on strike loans, quite the opposite, they are requiring 50% collateral. While a 50% flash event is possible, it is incredibly unlikely to happen.
Even if it hits 45% down, there is no liquidation happening at all.
You are free to pay your loan back at any time, regardless of the Bitcoin price.
Published at
2025-05-08 01:08:52Event JSON
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"content": "You have a few major plot holes. You aren't leveraged on strike loans, quite the opposite, they are requiring 50% collateral. While a 50% flash event is possible, it is incredibly unlikely to happen.\n\nEven if it hits 45% down, there is no liquidation happening at all.\n\nYou are free to pay your loan back at any time, regardless of the Bitcoin price.",
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