I just found out that, inadvertently, some of the collateral in my @LiquityProtocol v1 position was redeemed during the big drop this morning, effectively selling 20 Ether at a price of 2418, repaying part of my debt. At the time, my position's collateralization ratio was 433%, and the $LUSD price was 0.9995, so there was no depegging at all. I wonder what those people who redeemed were thinking.
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LUSD
0.63%
ETH
7.24%
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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