Proposal: Auto repayment of Anchor Borrow from Anchor Earn at LTV threshold

Community Initiatives
1

Hi all,

I am still quite new to Defi & this, but it seems as though the community wants to incentivise borrowing. Forgive me if has been suggested already/seems dumb.

Would there be any way of integrating an auto repayment mechanism into Anchor Borrow from Anchor Earn? Personally I won’t borrow at 45% LTV, as I don’t trust my ability to manage the loan quickly in the event of a crash. However, if I could say put 15% of the borrowed value in Anchor Earn as aUST which would automatically be converted and repay the loan once say it hit 55%LTV, it would make me feel a little more comfortable

Cheers!

2 Likes
2

I like this idea and will throw it back up again to try and get some feedback.

1 Like
3

I think this would be a great idea, and if implemented, everyone would use borrow and earn functions to the fullest overnight!