What happens if the price of collateral drops and my LTV rises?

If the price of your collateral drops and your loan LTV exceeds 70%, you will receive a margin call notice and will be required to cure your loan to the agreed-upon LTV ratio within 24 hours to avoid liquidation of collateral. You can cure your loan by adding collateral or making a payment on your loan. If the LTV of your loan hits 85%, your collateral will be liquidated in full to pay off your loan, with any excess fiat returning to you.