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Results tagged with makerdao
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user 64487
2
votes
1
answer
95
views
MakerDAO Liquidation Mechanism
Could you please explain, what happens when the collateral price goes down(but doesn't hit the liquidation ratio) and the user neither doesn't deposit extra collateral nor doesn't possess enough dai i …
- 153
1
vote
MakerDAO Liquidation Mechanism
I got an answer like this on another platform.
The system charges from the vault the stability fees every second until it eventually hits the liquidation ratio, but the process is very slow, so practi …
- 153