#SuperHodl is in buy mode for the first time! Use your #bitcoin in a managed collateralized 0% loan from @SovrynBTC.
Please see the dash for actions to take. Let me know if I can help clarify any steps / numbers / graphics.
See below for some notes.
Please see the dash for actions to take. Let me know if I can help clarify any steps / numbers / graphics.
See below for some notes.
It took me some time to update all this and execute myself. The price is moving all the time, so the numbers may already be out of date.
The most important is to obtain the # of ZUSD from Zero that gives you a collateral ratio of 250%.
The most important is to obtain the # of ZUSD from Zero that gives you a collateral ratio of 250%.
Adding very small amounts of RBTC to the collateral is difficult in the GUI (@lightcoin feedback ;p). I rounded up the number the algo gave me and ended up slightly above 250% after that.
Remember kids, it is a manual trial, none of this is perfect or algorithmic in any way.
Remember kids, it is a manual trial, none of this is perfect or algorithmic in any way.
Depending on the initial deposit size, the swap to RBTC may be quite small (even a few $ only). In fact, it may be that you lose out on fees vs the BTC you purchase.
It should be taken into account: total value (inc. the full ZUSD amount!) should be more than all fees added up.
It should be taken into account: total value (inc. the full ZUSD amount!) should be more than all fees added up.
See for more info to get started if you would like to join this experiment:
https://twitter.com/sovereignorigin/status/1550590427962769421?s=20&t=70MAy40pwhozhdscIUiuBA
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