What does it mean for borrowers when BNB hits a new ATH? If you’ve borrowed BNB, rising prices make your debt more expensive, especially if your collateral is in stablecoins or slower-moving assets. Example: You borrowed 1 BNB when it was $400. Now BNB is $800, but you still owe 1 BNB. So your debt has doubled in dollar terms. You need to add enough collaterals to keep your debt healthy. How to stay safe: - Monitor your LLTV (Loan-to-Value) regularly - Add more collateral - Or repay some BNB debt Stay sharp. Don’t get liquidated!
Lista DAO
Lista DAO23.7. klo 16.03
Lending position management reminder If you’re using BTCB or solvBTC as collateral for borrowing BNB, please remember to check your LLTV and manage your position! Stay safe, stay proactive Subscribe to our Telegram Bot for real-time alerts:
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