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Merge pull request #15 from 0xSpaceShard/mkt-team
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Mkt team
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Ioan Alexandru Oara authored Apr 1, 2024
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8 changes: 4 additions & 4 deletions docs/concepts/strategies/01-statregy-lusd.md
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Expand Up @@ -67,7 +67,7 @@ The left trove offers a unique opportunity for users to borrow with minimal tran

Lets take as an example this image above - trove 604 TCR will require **less collateral** compared to Trove 910 CR, but Trove 910 TCR is **more secure** than Trove 604 .

Consider this scenario: if all troves were open when the ETH price was at $1600, Trove 604 would have a higher tolerance for price fluctuations compared to Trove 910, allowing it to withstand a more significant drop in ETH price before facing liquidation.
Consider this scenario: if all troves were open when the ETH price was at $1600, Trove 910 would have a higher tolerance for price fluctuations compared to Trove 604, allowing it to withstand a more significant drop in ETH price before facing liquidation.

Once the collateral is deposited and locked, users can borrow against it according to the platform's loan-to-value ratio. If the value of the collateral falls below certain thresholds, the system may automatically liquidate the assets to repay the loan.

Expand Down Expand Up @@ -115,10 +115,10 @@ At the TCR of 550%, repaying the loan of 0.45 LUSD will get us back **0.00076**

- All official Liquity contracts can be found [here](https://docs.liquity.org/documentation/resources#contract-addresses).

### How much LUSD can I borrow?

- The maximum is currently capped at 1.75 ETH, but this will change over time.
### How frequently are borrows processed?

- Borrow takes a day to be processed.

### Do I really pay no interests on Liquity?

- Yes, really! Liquity charges no interest, ever.
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