Replying to Avatar Peter Todd

If the V-UTXO is about to expire, the ASP will get their liquidity back soon; if they're borrowing liquidity they don't need to borrow it for very long.
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Pip the WoT guy 1y ago

I get it, but the user will have to pay when opening that VTXO, so it's always that 0.23%, no?

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Peter Todd 1y ago

Nope.

Think of it this way: the ASP is loaning you money. But when they get the money back is not at the end of the next V-UTXO expiry: it's when the current V-UTXO expires.