So for those who did not use this kind of lending to value collaterals to clarify that if the collateral coins value ex BTC drops more than 15%, in case of already 85% lended USDT, it will be completely liquidate the collateral or gradually depending of the percetage drop?
Our customers can get up to 85% LTV (loan to value ratio) - it's the highest LTV on the market! But if you have chosen a tariff plan with a longer period (subsequently lower LTV) and see the market goes up but your crypto is locked, no worries. We have enabled Increase LTV option for such clients. Increase LTV, get more cash and keep Hodl, enjoying the momentum of Bullrun
Check more info here: https://www.youhodler.com/update/increase-ltv-of-your-crypto-loan-and-get-more-cash
Our customers can get up to 85% LTV (loan to value ratio) - it's the highest LTV on the market! But if you have chosen a tariff plan with a longer period (subsequently lower LTV) and see the market goes up but your crypto is locked, no worries. We have enabled Increase LTV option for such clients. Increase LTV, get more cash and keep Hodl, enjoying the momentum of Bullrun
Check more info here: https://www.youhodler.com/update/increase-ltv-of-your-crypto-loan-and-get-more-cashIf the collateral initial price drops under Price down limit - it means that we will automatically sell it. That's why there will be more useful Increase PDL feature to keep your collateral not sold. So basically it depends on the market conditions which tool are better to use