Hi, new to Mars but already love it.
Need to understand a Mars Liquidation event in a lot more detail please.
- If you are liquidated do you lose everything, or only enough of the asset to bring your position back within the acceptable LTV
- eg ANC-UST is currently 50% LTV with a liquidation price of $1.24. So the price has to get below $1.24 before I am liquidated? It’s $2.14 right now so that provides a LOT of safety net