great explainer on HF and Liquidations from a rising #LCIMP champion @Opa007i .
how high do you like to keep you health factor?
Ever wondered why liquidation happens? 🤔
It's a major pain point in #DeFi, and honestly, most platforms lack sufficient safeguards.
@liqwidfinance is changing that with their built-in HEALTH FACTOR gauge! 🚨
It helps you monitor your loan's health and avoid liquidation stress.
The HEALTH FACTOR is a risk indicator that shows how close you are to liquidation. The lower it is, the higher the risk.
Before you dive in, check out my previous tweet on how liquidation works on #Liqwid!
Let's get into this properly.
▶️Next is how loans are initiated on #LiqwidFinance.
$LQ #Lq #ADA #Cardano #LCIMP #Edu
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