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I now have a rough method for monitoring lending positions: start moving three steps before reaching the liquidation line, rather than waiting until the last step.
The first step is to think clearly about "whether you'll be punctured by a needle": avoid those with high volatility and poor liquidity—don't risk your life on it.
The second step is to either add some margin or directly reduce your position; anyway, first pull the liquidation price further away so you don't wake up to a notification and get a shock.
The third step is to consider switching to more stable collateral or moving some assets to spot markets; don't put all your eggs in the same chain and emotional set.
Recently, the staking unlocks and token unlock calendars have been discussed over and over again, basically because everyone is a bit hypersensitive to "suddenly appearing sell-offs."
At such times, I trust "a rebound will save me" even less; I prefer to tighten my leverage in advance.
I can scrutinize voting proposals word by word, but there's no room for discussion about liquidation—machines are merciless…
I'm going to get to work.