Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Depository.Network - The First Decentralized Collateral Infrastructure
by
vishesh2009
on 15/07/2018, 15:53:57 UTC
Who will guarantee the repaymnet of debt?

I guess thats why borrower has to keep collateral in cryptos.

But cryptos are very volatile. If i kept one BTC (worth 19k USD) as collateral in December 2017, and now the price has dropped to 6200 USD. So, will there be a margin that if value drops below that margin, you have to deposit additional collateral? How is everything going to work?

Well thats an interesting question. There must be some provision for that. I guess someone from DEPO only will answer that in a better way.