Deep潮TechFlow News: On February 12th, Bitcoin payment app Strike founder Jack Mallers posted on the X platform to respond and clarify the margin call policy adjustment. He stated that Strike's lending mechanism will not liquidate Bitcoin collateral entirely. When a loan falls below the maintenance margin level, the platform will only perform partial liquidation to restore the loan to approximately 65% of the healthy loan-to-value (LTV) ratio. Jack Mallers added that this mechanism aims to maintain loan health while protecting users' Bitcoin assets as much as possible and buying more time for customers and Bitcoin price recovery. Based on this mechanism, the overall liquidation ratio of Strike's loan book remains in the low single digits of the total outstanding loans, approximately 1%–3%.

BTC-2,57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin