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Firefish Profile picture
Firefish
@firefish_io
The Open Market for Bitcoin-Backed Loans
Nov 18 • 9 tweets • 3 min read
What should you do? 🤔

Bitcoin's price has dipped.

You log into your Firefish dashboard to check on the status of your loan:

CHI: 45%

Bitcoin liquidation price: CZK 1,363,787 (~$65,370)

Days left: 37

Let's break down your options 🧵👇 Image 2/9
First, understand what you're looking at.

This loan has: 150,000 CZK borrowed against 0.11751 BTC

CHI at 45% (still healthy, but falling with Bitcoin's price)

37 days until maturity

Liquidation triggers at CZK 1,363,787 per BTC

Let's understand the CHI 👇