I'm curious if you know what happens if there's a significant drawdown. Does one need to add more collateral to avoid partial liquidation? Guessing so, but never seen it addressed
Yes margin call at 70% LTV with 24 hrs to bring collateral up to 60% and 80% causes liquidation. It’s a bad idea.
Please Login to reply.
https://strike.me/faq/what-are-margin-calls-and-liquidations/
24 hours is pretty tight, but at least terms are clear and maybe that's standard. Thanks for linking
That fact that bitcoin regularly drops 30% even in a bull market almost guarantees a margin call.
