is it possible for bull tokens to get liquidated? Like one day price drops so far that it drops below 0?
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They rebalance intraday so a 1-day price drop couldn't do it--it would take a ~1 minute price drop of ~30%. So technically possible but very unlikely and has never happened.
Thanks for the quick reply. Yes never happened yet as it's relatively new haha. But yea unlikely to happen except for flash crash. Like we've seen on coinbase in 2017 for ethusd.
I now feel like I shouldn't have even asked about this lol
GIF
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In fact none went to 0--they all successfully rebalanced intraday
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