Global Assets

Asset
Mint
Reserve
decimals
asset_ratio
asset_liq_ratio
debit_low_ratio
debit_mid_ratio
debit_high_ratio
debit_liq_ratio

SOL

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So11111111111111111111111111111111111111112

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HV6jtqGgHpqwupxFbpePu7zBoDK8WyD3R2BfV3KFgooF

9

0.8

0.9

1.35

1.25

1.2

1.15

USDC

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EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v

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9LZxAFTrsW3dYRiP1wZQ7uyPTuS4hPy15utuRjNyHTPK

6

1

1

1.35

1.25

1.2

1.1

WBTC

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3NZ9JMVBmGAqocybic2c7LQCJScmgsAZ6vQqTDzcqmJh

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DiMmWYUhX9QDD9JkdEzuwWghtCxL2a22Vv1se12GzEnj

8

0.5

0.65

2

1.85

1.75

1.6

USDT

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Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB

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EKZZMc9srL4yatzLVbJQYXvj6zPtZnhyo749XKc7nbnj

6

1

1

1.35

1.25

1.2

1.1

Asset Ratio: Effective collateral coefficient of the collateral Asset Liquidation Ratio: Liquidation coefficient of the collateral Debt Low Ratio: Debt expansion coefficient in a low-risk mode Debt Mid Ratio: Debt expansion coefficient in a medium-risk mode Debt High Ratio: Debt expansion coefficient in a high-risk mode Debt Liquidation Ratio: Coefficient used for calculating debt during liquidation

Examples:

  1. Only Collateral

    • For example, if a user supplies 1000 USDC, the user's effective collateral amount is 1000 USD.

    • If a user supplies WBTC worth 1000 USD, the user's effective collateral amount is 500 USD.

  2. Collateral and Debt

    • For example, if a user supplies 1000 USDC, the user's total effective collateral amount is 1000 USD. If the user borrows WBTC worth 100 USD and the user has a default medium-risk preference, the debt expansion coefficient is 1.85. Thus, 185 USD (1.85 * 100) of the effective collateral amount will be occupied, leaving the user with 815 USD of the effective collateral amount.

  3. Liquidation

    • When the sum of the values of all collateral assets multiplied by their respective liquidation coefficients is less than the sum of all debts multiplied by their respective debt liquidation coefficients, the portfolio triggers liquidation. For example, if a user's current position is supplying 1000 USDC and borrowing WBTC worth 700 USD, the total value of the collateral multiplied by the liquidation coefficient is 1000 * 1 = 1000. The total debt multiplied by the debt liquidation coefficient is 700 * 1.6 = 1120. Since 1000 < 1120, the user's account enters liquidation status.

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