| Time | Details |
|---|---|
| 2024-08-19 09:57 |
IntoTheBlock Highlights GHO Collateral Risk Assessment
According to IntoTheBlock, their advanced risk indicator can evaluate the collateral backing GHO. By analyzing the distribution of assets used as collateral to borrow GHO, traders can gain insights into potential risks associated with volatility. This assessment is crucial for understanding the likelihood of liquidations and bad debt. (Source) |
| 2024-08-22 08:32 |
Justin Sun Explains USDD's Mechanism Similar to MakerDAO's DAI
According to Justin Sun, the decentralized stablecoin USDD operates with a mechanism similar to MakerDAO's DAI. The process involves collateral management where holders can withdraw freely as long as their collateral exceeds the system-specified amount, typically ranging between 120% and 150% based on the vault. (Source) |
| 2024-08-23 12:18 |
Clarification on BTC Collateral and USDD Usability by Justin Sun
According to Justin Sun, the notion that the protocol no longer accepts BTC as collateral is incorrect. Stakers can remove their excess collateral, but this does not mean BTC is no longer accepted. Additionally, USDD is expected to become easier to use by Q4. (Source) |
| 2024-08-25 09:26 |
Large SUN Holdings Used as Collateral on JustLend
According to @ai_9684xtpa, a wallet address currently holds 50 million SUN tokens, all of which have been deposited into JustLend as collateral. The total value of these tokens is $2.04 million. (Source) |