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ICON
$1.77 -0.28%
ICX · 1w

bnUSD Loan + Stablecoin staking

I’m thinking of collateralising my ICX and taking out a bnUSD loan(low risk) so I can get some yield on stablecoin staking. Questions include: - What would happen if the price of ICX drops? Do I have to add more sICX to as collateral, repay my loan in bnUSD, or both? - What is a safe way to do so without risking liquidation? Is there any benefit to *not* having all my ICX in staked form? i.e. only having 75% of my stack as sICX and leave the rest as ICX. appreciate the response, still trying to figure out defi here !
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