Tectonic
  • Introduction
    • What is Tectonic?
    • Fundamentals
      • Example of Supplying
      • Example of Borrowing
    • FAQs
  • Guides
    • Bridging Assets to Cronos
    • Supplying Assets
    • Borrowing Assets
    • Withdrawing Assets
    • Repaying your Loans
      • Repay with Collateral
    • Swapping out Collateral
    • Shorting Assets
    • Claiming TONIC Rewards
      • Auto Vault Emissions
    • Claiming Partner Rewards
    • Boosting TONIC rewards
    • Understanding Liquidations
    • Staking TONIC
      • Unstaking xTONIC
    • Locking xTONIC
      • Increasing vault rewards with NFTs
      • NFT Project Partnerships
    • Understanding Analytics
      • Glossary of Terms
  • Protocol
    • Isolated Pools
    • TONIC Token
      • Earn TONIC from Liquidity Incentives
      • Earn TONIC by staking TONIC
      • Earn TONIC by locking xTONIC
    • TONIC Rewards Boost
    • tTokens
    • Interest Rate Models
      • Standard Model
      • Jump (Kink) Model
    • Liquidation Mechanism
    • Money Market Parameters
      • Isolated Pool Parameters
    • Supply Cap
    • Leverage Management Tools
      • Repay with Collateral
      • Collateral Swap
      • Shorting Assets
    • Governance
  • Roadmap
  • Developer
    • Smart Contracts & Security
      • External Audits
      • Platform Wallets
      • tToken Smart Contracts
    • TectonicCore
    • TONIC Distribution Speeds
    • Price Oracle
    • WalletConnect
  • Extras
    • Cronos Labs Incubation
    • Release Notes
    • Risk Disclosure
    • Branding Assets Guideline
  • Community Links
    • Website
    • Blog
    • Telegram
    • Discord
    • Twitter
Powered by GitBook
On this page
  • Main Pool Live Parameters (as of 22 Jan 2025)
  • Definitions
  1. Protocol

Money Market Parameters

Main Pool Live Parameters (as of 22 Jan 2025)

Asset
Reserve Factor (%)
Liquidation Penalty (%)
Close Factor (%)
Jump Multiplier (%)
Base Multiplier (%)
Base Rate (%)
Kink Point (%)
Collateral Factor (%)
Supply Cap
Borrow Cap

USDC

10

10

50

100

7

0

80

80

0

0

USDT

10

10

50

100

7

0

80

80

0

0

DAI

10

10

50

100

7

0

80

80

0

0

CRO

10

10

50

100

7

0

80

70

0

0

WETH

20

10

50

50

10

3

75

75

0

0

WBTC

20

10

50

50

10

3

75

75

0

0

TONIC

15

10

50

120

25

3

55

20

50 Trn TONIC

0

ATOM

10

10

50

100

15

3

80

70

50,000 ATOM

0

ADA

20

10

50

50

5

3

65

70

0

0

VVS

15

10

50

120

25

3

55

55

0

0

XRP

20

10

50

50

5

3

65

70

260,000 XRP

0

LTC

20

10

50

50

5

3

65

70

500 LTC

0

LCRO

15

10

50

200

25

3

60

70

0

0

cdcBTC

20

10

50

100

15

3

60

70

147 cdcBTC

0

cdcETH

20

10

50

100

15

3

60

70

200 cdcETH

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

Kink Point

Jump Multiplier

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

PreviousLiquidation MechanismNextIsolated Pool Parameters

Last updated 2 months ago

Please see the explanation of Tectonic's jump rate interest rate model

Please see the explanation of Tectonic's jump rate interest rate model

Please see the explanation of Tectonic's jump rate interest rate model

here
here
here
Page cover image