Hi, guys.
Many people must be struggling with the recent decline in the value of all-time assets.
Me too, BTC that I left as BALANCEd collateral in the process of BTC’s biggest drop today has been liquidated.
I originally had an ‘old’ BTCB, but with this BTC integration I changed BTC and then got a loan again I ended up paying another high fee.
My idea to save more fees has become more solid in this BTC drop as I’ve been going through double fees, and I’ve been paying off my loans little by little to save on fees, and I’ve been liquidated.
I was stupid, it was my mistake. I should have managed my assets safely.
By the way, I’m in a situation where I can’t do anything now that I’ve been liquidated in ‘BALANCED’.
Borrowed bnUSD → Even if I try to buy BTC again, I can’t buy it because I don’t have BTC liquidity volume,
Even if I try to go to another external exchange and buy BTC, I don’t even have USDC liquidity to swap to bnUSD → USDC.
I had no choice but to see BTC prices go up again after getting liquidated. I’m feeling lethargic.
My situation is very bad,
So, I’m going to ask my DAO friends for help.
Shameful, but is there any best way to help people like me who have been liquidated by this drop?
Please note that I have tried a lot to promote Balanced to Korea and translate the functions into Korean.
Please help me keep letting more people know about Balanced in the future!