User friendly super-app for DeFi - Perps, cross-chain swaps, Spot & more1⚡
CEO & co-founder @ns_karthik
Socials : https://t.co/7JdpNOrisx
Jun 14 • 7 tweets • 2 min read
1/ Heard you get 50% of your margin back on liquidations at Kana Perps?
That’s true - but here’s the key detail: it’s 50% of your remaining margin, not your initial margin. Let’s break it down 👇 2/ When your position is liquidated 📉:
Only 50% of the remaining margin at the time of liquidation is returned.
The rest goes to:
🔹 20% → Insurance Fund
🔹 30% → Liquidator Incentive
