π²Obtaining Mai Via Collateralized Loans
Mai can also be obtained through collateralized loans with cryptocurrencies like BTC, Ordi, or ETH.
Formula: Mai Loan Amount=Collateral ValueΓLoan-to-Value Ratio (LTV)Mai Loan Amount=Collateral ValueΓLoan-to-Value Ratio (LTV)
Example:
Depositing $10,000 worth of ETH as collateral at 60% LTV, you can borrow: Mai Loan Amount=10,000Γ0.60=6,000 MaiMai Loan Amount=10,000Γ0.60=6,000 Mai
So, $10,000 in ETH collateral allows for a 6,000 Mai loan.
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