2min chapter

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ROLLUP: Elon Buys Twitter | Free Speech | Optimism Airdrop | Moonbirds NFTs | OpenSea Gem

Bankless

CHAPTER

J Peggd, Collateralized NFTS

Users can borrow up to 32 % of the floor price of their j pegs in p p us d liquil date. Liquidation will happen when the debt to equity ratio equals or exceeds 33%. They also have ran an insurance mechanism, which is only made possible about the ha because the dow underrites the debt.

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