MultiversX Tracker is Live!

AAVE Question: Why was I liquidated?

All Cryptocurrencies

by COINS NEWS 111 Views

Because the AAVE sub is relatively inactive, I will also post this here.

On December 19th I was partially liquidated despite being over-collateralized.

Assets were UNI and ENS against USDC

My health was 2.xx. Even at their ATL (UNI/ENS) I had 1.4x health. They didn't dip anywhere near as hard as their ATL, so why was I liquidated?

Aave is susceptible to market glitch fluctuations? Also, why was I only partially liquidated and not fully to repay the loan in its entirety?

At this point I'm just fully exiting my positions and abandoning AAVE entirely. If a market glitch can wipe out positions then it isn't worth utilizing imo.

submitted by /u/Praeteritus36
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments