rkUSD CDP

Borrow rkUSD against USDT collateral. 1 USDT = 1 USD. Interest accrues at 3% APR.

Position

Collateral0 USDT

Collateral Value$0

Debt0 rkUSD

LTV0.00%

Health: Normal

Max LTV—

Liquidation LTV—

Liquidation Penalty—

Interest—

Min Debt—

Debt Ceiling—

Deposit USDT

Withdraw USDT

Borrow rkUSD

Repay rkUSD

Borrowed rkUSD accrues interest. If LTV exceeds the liquidation threshold, collateral can be liquidated with a 10% penalty.