Zero’s Recovery Mode

2 years ago
3

This is part of the Zero Series in which we breakdown all the elements of this protocol. Check out the previous Videos first if you haven’t done so yet:

1- How to Never Sell your Bitcoins Again!: https://youtu.be/jUXkaejihxQ
2- Understanding ZERO’s Collateral Ratio: https://youtu.be/g3ERVvZ0gLA
3-Stability Pool: https://youtu.be/KkQJVDQBjL8

In this video we take a look at the "Recovery Mode" a state that could get triggered when there is too much Risk in the system.

For more information:

ZERO website: https://www.sovryn.app/zero
Sovryn website: https://www.sovryn.app
Sovryn Twitter: https://twitter.com/SovrynBTC

Follow me personally: https://twitter.com/TheArtOfTomas

Visit for more info: https://wearebitcoin.world

"𝒱𝒶𝓁𝓊𝑒 𝒻𝑜𝓇 𝒱𝒶𝓁𝓊𝑒" 𝑀𝑜𝒹𝑒𝓁:

I want the “We Are Bitcoin Community” to feel true ownership of the channel, and be able to grow with it.
For those people who watch the videos and leave a comment (with either something you’ve liked, you’ve learnt, or a suggestion for future topics or something I can improve on) with a Lightning Network address, I’ll send some Satoshis (fractions of a Bitcoin) to them.

As the channel grows, I’ll be able to send more value back to the community, in the form of Sats!

If you don’t have a Lightning Network Wallet, I recommend using ALBY. (https://getalby.com/)
It has several advantages, the address itself is easy to read, mine is WeAreBitcoin@GetAlby.com and you can use it to log into a number of Lightning Network applications that I’ll be covering in future videos!

The team is doing amazing work and I want to help them reach more users (they do not pay me for this, I genuinely like their product).

Thank you for your time.

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