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RE: Steemit Crypto Academy | Season 2: Week3-- JustLend / My homework
Thank you for attending the lecture in Steemit-Crypto-Academy- Season 2 & doing the homework task-3.
Clicking on the currency of our supply displays a window in which we can verify the maximum amount we can borrow, in this case $ 7.25.
That means you have a collateral factor of 0.75 (or 75%). You can borrow up to a max amount of 75% of your assets' worth.
represents 14.41% of my available capital.
Precisely 14.41 % of your borrowing capacity.
Feedback/Suggestions:-
- The author has demonstrated "How to supply/borrow in JustLend" with a real example-- He has supplied 80 TRX and borrowed 800 WIN. She has produced a complete loop of Supply/Collateralize/Borrow/Repay in JustLend. She has included all the relevant screenshots required for this task.
- The author is quite organized and very neat & clean presentation of the assignment.
Thank you.
Homework Task -3 accomplished.
[9.5]