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, @RujiraNetwork is the first credit protocol to offer this! 🏛️
Both loan positions and collateral are fully visible on-chain. Now, any user can bid on liquidations and snag assets at a discount.
What was once reserved for bots and insiders is now open to every DeFi user.
A total boon for Degens! 😬🔥
Rujira is officially levelling the playing field for everyone. ⚡
$RUJI
Rujira@RujiraNetwork
Liquidations can create opportunities to buy assets at a discount, sometimes 10%, 20%, or even 30% below market. Only on Rujira, loan positions and collateral are public, and anyone can bid on liquidations. Here’s how to set up a 2.5% discount bid on $BTC using RUJI Trade 👇
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