For example, Alice pledges 50,000 cUSDT with a 200 percent collateral ratio, and the BTC price (according to the oracle) is 25,000 USDT. Then Alice can create 1 pBTC by opening a CDP. Alice will receive 49,500cUSDT if she chooses to close this CDP and return 1 pBTC on Phantom, as there is a 1% handling fee.
For example, Alice has opened a CDP with 30,000cUSDT as collateral with a 300% collateral ratio. Alice can take out 5,000 cUSDT from the CDP, and the collateral rate will drop to 250%, 250% is still greater than the minimum collateral rate, so the operation can be processed. After deducting the 1% handling fee, her wallet receives 4950 cUSDT.