Hi all, been holding SNX for a long time with the intent of eventually staking. Now that this is possible on L2, I'm much more interested due to lower fees.
I can't for the life of me find the minimum requirements to do so - for example on L1 it wasn't worth staking unless you had X amount of SNX - due to tx fees, what is the requirement, if any, to stake on L2?
Also, C Ratios... for sake of ease lets say you want to stake 100SNX, with a C-Ratio target of 750% does that mean for every 100SNX you have staked, you need to also have $750 of collateral staked? Or, is it 750% of the SNX USD Value?