Replying to Avatar 2Pac

Margin call:

A margin call occurs if your LTV ratio ever reaches 70%, even temporarily. A margin call is a requirement to lower your LTV to 60% or below within 24 hours, otherwise part of your collateral will be liquidated to lower your LTV to 60% for you. If a margin call occurs, you will be notified via email and push notification (if notifications are enabled).
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chris 1mo ago 💬 1

This may be true for Strike borrowers but what about the others guys? Morpho and Coinbase surely have far more than strike because of their size. Not to mention any of the other guys offering similar products.

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Pelican6 1mo ago

People will do stupid things with their bitcoin. I don’t use those other providers so I don’t know their terms. My point is that the Strike loan products are good and if used responsibly, can enable some awesome things.