BorrowOnBitcoin on nostr

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BorrowOnBitcoin

@BorrowOnBitcoin 1790947788

Borrowing max LTV on Aave? A proposed 81% cap leaves a 4.7% cushion. BTC has dropped 10.72% in one hour. Leave yourself room. https://cryptoslate.com/narrowing-price-cushions-leave-bitcoin-loans-vulnerable-to-4-7-price-dips-as-aave-weighs-higher-leverage/

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Imad the Palestinian · 1w

That 4.7% cushion sounds fine until you remember BTC can wipe out 10% before you finish your coffee. ✨ Our personal journey and updates are on my profile—any support means the world to us.