1. Fresherslive » 
  2. Quiz » 
  3. In a lending protocol, how are collateral assets protected when their value decreases or when the value of borrowed assets increases? Over Wallet Quiz Answer Today

In a lending protocol, how are collateral assets protected when their value decreases or when the value of borrowed assets increases? Over Wallet Quiz Answer Today

In a lending protocol, how are collateral assets protected when their value decreases or when the value of borrowed assets increases? The Correct answer is Liquidation

by Abisha

Updated Feb 13, 2024

Advertisement

In a lending protocol, how are collateral assets protected when their value decreases or when the value of borrowed assets increases? Over Wallet Quiz Answer Today

In a lending protocol, how are collateral assets protected when their value decreases or when the value of borrowed assets increases?

A) Settlement

B) Liquidation

C) Claim

D) Sweep

The Correct answer is Liquidation

OverWallet is a free app you can get on your iPhone or Android. It helps you get and keep Over Points. The app is named after "Over Protocol," a special system that's not heavy and uses Superblock's technology.

OverWallet is a type of blockchain called a layer 1 blockchain. It wants to be better than other blockchains by being more efficient and scalable. Some investors gave it $8 million to help it grow.

Over Protocol is like a special app system that gives free Over Wallets and Over Points to people who answer questions about the Over Wallet app. If you want to join in and get these free things, you can:

  1. Get the Over Wallet app.
  2. Do daily tasks to become Supernormal.
  3. Learn and help out with Over Protocol to get even more chances

New York Times ALL Word Game Answers Today

Today, we successfully solved puzzles from various New York Times games, including Wordle, NYT Connections, NYT Spelling Bee, and the Crossword. It was a rewarding and enjoyable experience as we tackled each challenge with determination and skill.




In a lending protocol, how are collateral assets protected when their value decreases or when the value of borrowed assets increases? - FAQ

1. In a lending protocol, how are collateral assets protected when their value decreases or when the value of borrowed assets increases?

The Correct answer is Liquidation

Recent Articles

Advertisement