Otherdeeds with KODA FAQ
The Otherdeeds with KODA are not supported as collateral since the KODA is decoupled.
A: Sorry, users have to pay off the loan first to join the decoupling as suggested by the Otherside official tweet that “NOT INTERACT DIRECTLY WITH THE CONTRACT”.
- LTV / Collateral Ratio: 30%
- Liquidation Threshold: 80%
- Auction & Redeem Duration: 24 hours
- Redeem Fine: maximum (5% of the debt, 0.2 ETH)
- Redeem Threshold: 50%