Suggestion for minor change in cLend UX around the display of LTV


0xTedious December 9, 2022, 2:10pm #1

cLend LTV example - suggestion

I think the current way to display the current LTV in cLend is counterintuitive to users who arent tech-savvy or well-versed in math/finance.

What I mean is that the LTV value displayed to the user will never go above 100%, and thus can give an impression that they are farther away from being delinquent since it right above states that the liquidation LTV is 110%.

Several people have tried to add collateral to an already delinquent loan and liquidated themselves.

In my opinion, this is sub-optimal, and before mass adoption, this could be changed to show the actual LTV instead of the user having to add the yearly interest rate on top manually.

This is, of course, a minor issue. I just wanted to bring my two cents to the table.

1 Like

December 14, 2022, 6:43pm #2

This is an example of someone who was delinquent before the bot liquidated the position.

cLend - example of delinquent lender