RE: How Global Settlements work

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How Global Settlements work

in bitshares •  6 years ago 

Basically, you provide the collateral that is missing to get back to maintenance collateral ratio and in return you get a call/debt position already. If you were to do the same by "borrowing", you'd still need to find a buyer for your bitUSD. During auction, there is debt already sitting there to be bid for.

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