Parameters
Example parameters for the Hard module:
| Key | Type | Example | Description |
|---|---|---|---|
| MoneyMarkets | array (MoneyMarket) | [{see below}] | Array of params for each supported market |
| MinimumBorrowUSDValue | sdk.Dec | 10.0 | Minimum amount an individual user can borrow |
Example parameters for MoneyMarket:
| Key | Type | Example | Description |
|---|---|---|---|
| Denom | string | "bnb" | Coin denom of the asset which can be deposited and borrowed |
| BorrowLimit | BorrowLimit | [{see below}] | Borrow limits applied to this money market |
| SpotMarketID | string | "bnb:usd" | The market id which determines the price of the asset |
| ConversionFactor | Int | "6" | Conversion factor for one unit (ie BNB) to the smallest internal unit |
| InterestRateModel | InterestRateModel | [{see below}] | Model which determines the prevailing interest rate per block |
| ReserveFactor | Dec | "0.01" | Percentage of interest that is kept as protocol reserves |
| KeeperRewardPercentage | Dec | "0.02" | Percentage of deposit rewarded to keeper who liquidates a position |
Example parameters for BorrowLimit:
| Key | Type | Example | Description |
|---|---|---|---|
| HasMaxLimit | bool | "true" | Boolean for if a maximum limit is in effect |
| MaximumLimit | Dec | "10000000.0" | Global maximum amount of coins that can be borrowed |
| LoanToValue | Dec | "0.5" | The percentage amount of borrow power each unit of deposit accounts for |
Example parameters for InterestRateModel:
| Key | Type | Example | Description |
|---|---|---|---|
| BaseRateAPY | Dec | "0.0" | The base rate of APY interest when borrows are zero |
| BaseMultiplier | Dec | "0.01" | The percentage rate at which the interest rate APY increases for each percentage increase in borrow utilization |
| Kink | Dec | "0.5" | The inflection point of utilization at which the BaseMultiplier no longer applies and the JumpMultiplier does |
| JumpMultiplier | Dec | "0.5" | Same as BaseMultiplier, but only applied when utilization is above the Kink |