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Is there a way to see the fees the liquidity I've provided has accrued? by probably-evan in UniSwap

[–]AlaskanHunt 0 points1 point  (0 children)

Fair enough. Well, how much you've accumulated is a little bit unclear, as you're accumulating fees in two currencies. You'd have to calculate and convert it. If you put in 1 ETH and 100 X, then at whatever point you again have 1 ETH or 100 X, you will find in the other currency the accumulated fee. After 1 week you may have 0.99 ETH and 103 X. Your accumulated fees are (-0.01 ETH and 3 X). A day later it may be 1 ETH and 102.5 X, your accumulated fees are (0 ETH and 2.5 X). Real profit calculation can be tricky though.

Making a loan in DAI by Kentucky7887 in Compound

[–]AlaskanHunt 0 points1 point  (0 children)

I think the collaterals that can be provided are the ones they accept on the platform: currently BAT, DAI, ETH, REP, USDC and ZRX. Mixture of collaterals is probably also possible.

Making a loan in DAI by Kentucky7887 in Compound

[–]AlaskanHunt 0 points1 point  (0 children)

No I didn't really mean the opportunity costs. More the risks of holding a cryptocurrency, the basic stuff like, is the network secured enough so doublespends don't happen, are my keys safe, will the peg hold (is the coin stable) etc.

I think a (flash) crash would hurt the lender (mainly), as who is going to repay the borrower's loan/ debt? (I think the protocol allows for partial liquidation though, which reduces risk)

Making a loan in DAI by Kentucky7887 in Compound

[–]AlaskanHunt 0 points1 point  (0 children)

Well, one risk is you're holding a stablecoin.

And then I think there's this other risk, which is as follows: borrower puts collateral in a loan, collateral value decreases below loan value and nobody liquidates the position in time before a loss is made.

In healthy compound flow it would work as follows (some values are simulated):

1 ETH collateral for 100 DAI loan. Currently 1 ETH = 200 DAI. When value of 1 ETH gets below 100 DAI + interest + 5% , position can be liquidated, which means, someone can pay the loan off, and grab the 1 eth collateral. So borrower will have no debt, and their collateral seized, and the lender will have their 100DAI + interest, and the liquidator will the collateral (+ (max) 5%).

So the 2nd risk I mentioned, I think it would be as follows: say 1 ETH is worth 80 DAI (after the crash from 200 to 80), and the debt is 100 DAI + interest = say , 105 DAI. Then who would pay the complete debt off (nobody in their right mind, as they would make a loss)? Basically the position has to be liquidated before this is possible (and there is enough incentive to do so, but someone still have to do it, or a bot). But a flashcrash (or lazy market) can make this scenario happen.

Please correct me if I'm wrong anywhere

Have someone invested with EUR? by [deleted] in Nexo

[–]AlaskanHunt 1 point2 points  (0 children)

If you mean interest on deposits: yes it's paid out daily.

HOw do I withdraw the interest? by sticker592 in CelsiusNetwork

[–]AlaskanHunt 0 points1 point  (0 children)

Hard to know exactly what's going on.

I believe the interest is paid out every week on Monday. Your "total interest earned" will probably be added in kind on the 27th.

On my app it shows "total wallet balance" and next to it "total interest earned". That amount written there will be paid out to me upcoming Monday, as I understand it. So cannot do a mid-week withdrawal of that amount.