Market Parameters

Parameter definition

Collateral Factor

the % of collateral value that can be borrowed against

for example, when collateral factor is 80%, you can borrow up to $80 against $100 collateral.

Liquidation Threshold

the % at which a position is defined as undercollateralized / liquidatable

for example, when liquidation threshold is 85%, borrowing value rising above 85% of the collateral would lead to position undercollateralized, and could be liquidated.

Reserve Factor

the % of borrow interest that goes to protocol reserve

for example, when reserve factor is 15%, every $0.15 per $1 borrow interest paid goes to protocol reserve.

Liquidation Bonus

the % of total position value that liquidator earns by conducting a liquidation action

for example, when liquidation bonus is 15%, liquidator earns extra 15% by fully repaying outstanding loan.

Parameters

ETH

Collateral Factor: 70%

Liquidation Threshold: 75%

Reserve Factor: 15%

Liquidation Bonus: 15%

USDB

Collateral Factor: 80%

Liquidation Threshold: 85%

Reserve Factor: 15%

Liquidation Bonus: 15%

JUICE

Collateral Factor: 50%

Liquidation Threshold: 65%

Reserve Factor: 30%

Liquidation Bonus: 15%

Supply Cap: 5,000,000 $JUICE

ORBIT

Collateral Factor: 50%

Liquidation Threshold: 65%

Reserve Factor:

Liquidation Bonus:

PAC

Collateral Factor: 50%

Liquidation Threshold: 65%

Reserver Factor:

Liquidation Bonus: