Sara
Wed Aug 07 2024
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7 answers
2248
What is the redemption mechanism in liquity?
Can you please elaborate on the redemption mechanism employed in Liquity? Specifically, how does it work to ensure liquidity for borrowers and lenders on the platform? Additionally, what are the steps involved in the redemption process, and what safeguards are in place to protect users' funds during the process? Understanding the redemption mechanism is crucial for potential users to assess the platform's overall reliability and security.
