Synthetix Collateralization Explained With Calculator [Synthetix Tutorial Part #3]


so the question is what is a healthy
position well it’s actually pretty simple math the funny thing about this
is it’s kind of a reverse math and it’s very confusing to people but the reality
is it’s pretty easy babe cryptocurrency news and investing CryptoSlo with more crypto gains
what’s going on guys tonight a little more S&X action so first and foremost
looking at the dashboard snx has had an explosive week going up to over a dollar
50 settling back down $1 43 but the reason you tuned into tonight’s video
was to understand the collateralization and collateralization levels so what
I’ve done is this will actually be a pretty short video is I’ve made a quick
calculator that we can use so let me head on over to the mentor and see where
I am sitting right now so I’m currently at 17 7 1 7 % 717 % clatter ization
level my desired is 750 % first and foremost why do you need to keep the
collateralize asian level at an acceptable rate it has to be within 1%
that is so that you can claim your weekly snx Awards so these come in based
on you staking and being in healthy position on your snx so the question is
what is a healthy position well it’s actually pretty simple math the funny
thing about this is it’s kind of a reverse math and it’s very confusing to
people but the reality is it’s pretty easy basically the first thing you need
to understand is to come up with this number they basically take your total
snx market value divided by your debt so quite simply and multiply it by a
hundred so if I take seventy five five five and divide it by a thousand 53 and
then I multiply times a hundred I get seven hundred seventeen percent so as
you can see very simple total snx market value divided by total debt
that’s it the other way that you can calculate it is its third it’s basically
to understanding what the desired level is of 750 okay you take your total snx
value then you multiply it by a 13.33 percent and you can see all right so
let’s move to the collateral calculator so what I have done is I have built this
sweet little simple calculator and to get your own copy you simply go file and
download it share it as an excel document you won’t be able to edit the
one on Google Drive and that’s about it so though the items in yellow you want
to fill in and then the calculator does all the magic for you so basically so we
look at our mentor and we let’s say we want to get to 750 percent okay total
state s and s I pop the 52 76 into the calculator I put in the current market
price at dollar 43 okay and what my current debt level is
thousand 53 that’s rough alright that’s it the calculator does
the work for you so the items are in red what are what you’re concerned with so
snx 4/7 for desired meaning I want to get to that 750 percent so I qualify for
rewards I would need two hundred thirty shares of SN X in my in my wallet at a
dollar forty three in order to achieve the 750 or conversely I would need three
hundred thirty s USD to get to that 750 so basically the s USD calculation is
the current market price times the number needed to get to satisfy the
seven hundred fifty percent so that’s it it’s pretty simple like I said to get
your level you just take your total your total SN X market value divided by your
debt but that does not answer the question of how many s and X does it
take to get to a healthy clatters Asian level and this calculator does the math
for you after you use it a couple times you’ll be able to kind of calculate what
you need to do you’ll either need to get more SN X or you need to pay off some
debt that’s it that’s all there is to it hope you enjoyed tonight’s SN x video
and as always this is crypto slo if you’re not talking games then we’re not
talking

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