How are various token collateralized on Abra?

I get that they hold our LTC. Imagine LTC tanked relative to other synthetic pairs on platform, then wouldnt that make them insolvent? Those synthetic pairs would be worth far more LTC. Thx for Eli5

Thanks for having me, ask me anything!

Proof:https://twitter.com/LitePayInc/status/974697782836477952

Edit: Thanks everyone for coming, and for your thoughtful questions! I have to head off now. I’ll check in periodically and continue to answer some of your questions. Edit 2: Answered some more.

Help put my mind at ease. I feel like these people are some of the only ones who can hold Litecoin down.

I also am guessing the whales are waiting to see what happens and if it goes well we could explode.