Money Market Parameters

Main Pool Live Parameters (as of 18 May 2023)
Asset
Reserve Factor (%)
Collateral Factor (%)
Close Factor (%)
Liquidation Penalty (%)
Base Rate (%)
Base Multiplier (%)
Kink Point (%)
Jump Multiplier (%)
Supply Cap
Borrow Cap
USDC
10
80
50
10
0
7 
80 
100
0
0
USDT
10
80
50
10
0
7
80
100
0
0
DAI
10
80
50
10
0
7
80
100
0
0
TUSD
10
80
50
10
0
7
80
100
1
1
CRO
10
70
50
10
0
7
80
100
0
0
WETH
20
75
50
10
3
10
75
50
0
0
WBTC
20
75
50
10
3
10
75
50
0
0
TONIC
15
20
50
10
3
25
55
120
50 Trn TONIC
0
ATOM
10
70
50
10
0
7
80
100
50,000 ATOM
0
ADA
20
70
50
10
3
5
65
50
0
0
VVS
15
55
50
10
3
25
55
120
0
0
Definitions
Reserve Factor
The percentage of the spread between borrower's and lender's interest rates that accrues to the Tectonic protocol's treasury. It is made to sustain the protocol and pay protocol contributors.
Example: Reserve factor of 20% means that 20% of the interest paid on the asset is for the protocol.
Collateral Factor
The maximum that can be borrowed on a particular asset.
Example: CRO collateral factor is 50%, if the price of CRO is $100, the maximum that can be borrowed using CRO as collateral is $50 in other assets.
Close Factor
The maximum amount that can be liquidated in a single transaction.
Example: 50% Close Factor means that a maximum of 50% of an account's borrow that is enabled as collateral can be repaid in a single liquidate transaction.
Liquidation Penalty
The Liquidation Fee is 10% with 7.2% going to liquidators as an incentive to perform liquidations and to keeping the protocol solvent, while the remaining 2.8% goes to Tectonic's treasury. 
The funds accruing to Tectonic are used for expenses related to protocol maintenance (such as operating expenses) and to fund further developments.
Base Rate
Please see the explanation of Tectonic's jump rate interest rate model here​
Kink Point
Please see the explanation of Tectonic's jump rate interest rate model here​
Jump Multiplier
Please see the explanation of Tectonic's jump rate interest rate model here​
Supply Cap
The maximum total amount that users can supply to that specific market
Borrow Cap
The maximum total amount that users can borrow from that specific market

Asset	Reserve Factor (%)	Collateral Factor (%)	Close Factor (%)	Liquidation Penalty (%)	Base Rate (%)	Base Multiplier (%)	Kink Point (%)	Jump Multiplier (%)	Supply Cap	Borrow Cap
USDC	10	80	50	10	0	7	80	100	0	0
USDT	10	80	50	10	0	7	80	100	0	0
DAI	10	80	50	10	0	7	80	100	0	0
TUSD	10	80	50	10	0	7	80	100	1	1
CRO	10	70	50	10	0	7	80	100	0	0
WETH	20	75	50	10	3	10	75	50	0	0
WBTC	20	75	50	10	3	10	75	50	0	0
TONIC	15	20	50	10	3	25	55	120	50 Trn TONIC	0
ATOM	10	70	50	10	0	7	80	100	50,000 ATOM	0
ADA	20	70	50	10	3	5	65	50	0	0
VVS	15	55	50	10	3	25	55	120	0	0

Last modified 16d ago