Part 2 of our Deep Dive series on $osETH is here.
31 Oct 2023, 17:19
📢 Part 2 of our Deep Dive series on $osETH is here!
In this edition, we explore how redemptions and liquidations help osETH maintain the peg and stay overcollateralized in different market conditions.
Let's take a closer look at both mechanisms 🧵
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331 Oct 2023, 17:19
8/ For the full breakdown, make sure you check out the full article on redemptions and liquidations on our blog 👇
8/ For the full breakdown, make sure you check out the full article on redemptions and liquidations on our blog.
8/ For the full breakdown, make sure you check out the full article on redemptions and liquidations on our blog 👇
31 Oct 2023, 17:19
6/ StakeWise triggers liquidations for osETH positions that are above the liquidation threshold, a parameter controlled by the StakeWise DAO.
Liquidations are processed using ETH from ejected validators 🔃
StakeWise charges 1% from liquidated positions as bonus to liquidators.
6/ StakeWise triggers liquidations for osETH positions that are above the liquidation threshold, a parameter controlled by the S
6/ StakeWise triggers liquidations for osETH positions that are above the liquidation threshold, a parameter controlled by the StakeWise DAO.
Liquidations are processed using ETH from ejected validators 🔃
StakeWise charges 1% from liquidated positions as bonus to liquidators.
31 Oct 2023, 17:19
7/ A simple rule of thumb for anyone minting $osETH is to never exceed the liquidation threshold to avoid being charged a 1% penalty.
Redemptions can be avoided by keeping osETH health level below the redemption threshold.
7/ A simple rule of thumb for anyone minting $osETH is to never exceed the liquidation threshold to avoid being charged a 1% pen
7/ A simple rule of thumb for anyone minting $osETH is to never exceed the liquidation threshold to avoid being charged a 1% penalty.
Redemptions can be avoided by keeping osETH health level below the redemption threshold.