@DegenSpartan "They require influencers and their sponsors to pre-notify authorities of some posts and to warn of crypto’s risks or face fines."
Sounds good.
Sorry Crypto Twitter.
@itsmebutterz@kain You'll be liquidated at 200%, which means that an amount of your SNX will be sold for enough sUSD to go back to 500%.
Anyway, once you reach the 200% you still have 3 days to fix it.
So yes, you will "lose" SNX. But to avoid it you only need to burn sUSD
@itsmebutterz@kain 500% is conservative and mandatory if you want to recibe staking rewards. So if you are under 500% you must fix it before claiming your weekly SNX and sUSD
@zhusu@kain Re Optimism, the decission was taken with the info avalaible then, and afaik, the community didn't support other chains. Network effects are very important for us, so it was between Arbitrum and OE. Time will tell but I think OE is the best option for us, even if it takes longer.