Try Quests to earn cryptoHow LUNA Price effect liquidations on Anchor Protocol
The Anchor protocol defines a money market between a lender, looking to earn stable yields on their stablecoins, and a borrower, looking to borrow stablecoins on stakeable assets. Any one can borrow against his LUNA value in dollars. Maximum borrow up to 50%. The percentage of borrow is called LTV (loan-to-ratio value). Liquidation means that the protocol takes the bLUNA and sells it on the market if LTV goes up to 50% So, the LUNA price effect the liquidations. For detail information about Anchor Protocol please read @Danku_r medium article. https://danku-r.medium.com/how-to-get-started-with-anchor-protocol-to-earn-20-stable-yield-d7a9100be80b This graphic shows us how LUNA price effect the liquidations on Anchor protocol.