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Market Rules
Market Rules specify the Collateral and Debt Factors for each asset used in the calculation of the Health Factor. Market Rules also specify the penalty paid on liquidation. They are used by Abax DAO to manage the protocol risks and give users the best possible borrowing opportunities tailored to current market needs.
Each user can choose only one rule at a time.
The examples of rules are shown below in the form of tables. Not specified assets are not allowed to be used as collateral or to be borrowed while using a given rule.
Standard rule
asset | Collateral Factor | Debt Factor | penalty |
|---|---|---|---|
USDC | 0.98 | 1.02 | 0.05 |
DAI | 0.97 | 1.03 | 0.03 |
DOT | 0.9 | 1.1 | 0.07 |
AZERO | 0.7 | 1.3 | 0.1 |
RISKY | x | x | x |
Stablecoin rule
asset | Collateral Factor | Debt Factor | penalty |
|---|---|---|---|
USDC | 0.99 | 1.01 | 0.01 |
USDT | 0.99 | 1.01 | 0.01 |
DAI | 0.98 | 1.02 | 0.01 |
other | x | x | x |
AZERO/stkAZERO
asset | Collateral Factor | Debt Factor | penalty |
|---|---|---|---|
AZERO | 0.97 | 1.03 | 0.02 |
stkAZERO | 0.97 | 1.03 | 0.02 |
other | x | x | x |
Isolation Risky Collateral
asset | Collateral Factor | Debt Factor | penalty |
|---|---|---|---|
RISKY | 0.2 | x | 0.5 |
USDC | x | 1.02 | 0.01 |
other | x | x | x |
Isolation Risky Borrow
asset | Collateral Factor | Debt Factor | penalty |
|---|---|---|---|
RISKY | x | 5 | 0.5 |
USDC | 0.98 | x | 0.01 |
other | x | x | x |
Last modified 23d ago