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Scott Winges

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Latest activity by Scott Winges
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    Scott Winges created an article,

    How Interest Rates Are Set

    Interest Rate Details Interest rates for lending and borrowing on DDEX are set algorithmically based on supply and demand. As demand increases, the interest rates go up. As supply increases, the in...

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    Scott Winges created an article,

    How Liquidations Work

    How liquidations are triggered A loan can be called for liquidation once the collateral rate reaches 110% or less. This means that when the value of the users DDEX margin account becomes less than ...

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    Scott Winges created an article,

    Frequently Asked Questions

    Top Questions How do liquidations work on DDEX? Liquidations can be triggered at 110% collateral rate. When a liquidation occurs, the borrowers' assets are sold off in a form of a dutch auction to ...

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    Scott Winges created an article,

    Wrapping/Enabling Troubleshooting

    This article contains information to help troubleshoot issues with wrapping eth, unwrapping weth, or enabling a token. The issues are organized as follows: 1. Wrapping/Enabling Pending forever/fail...