Market Rules
Last updated
Last updated
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 |
|---|---|---|---|
Stablecoin rule
| asset | Collateral Factor | Debt Factor | penalty |
|---|---|---|---|
AZERO/stkAZERO
| asset | Collateral Factor | Debt Factor | penalty |
|---|---|---|---|
Isolation Risky Collateral
Isolation Risky Borrow
| asset | Collateral Factor | Debt Factor | penalty |
|---|---|---|---|
| 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
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
0.97
1.03
0.02
stkAZERO
0.97
1.03
0.02
other
x
x
x
RISKY
0.2
x
0.5
USDC
x
1.02
0.01
other
x
x
x
RISKY
x
5
0.5
USDC
0.98
x
0.01
other
x
x
x