2020-12-21 17:18:55 +00:00
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# Parameters
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2021-02-22 20:52:17 +00:00
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Example parameters for the Hard module:
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| Key | Type | Example | Description |
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| --------------------- | ------------------- | ------------- | -------------------------------------------- |
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| MoneyMarkets | array (MoneyMarket) | [{see below}] | Array of params for each supported market |
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| MinimumBorrowUSDValue | sdk.Dec | 10.0 | Minimum amount an individual user can borrow |
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Example parameters for `MoneyMarket`:
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| Key | Type | Example | Description |
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| ---------------------- | ----------------- | ------------- | --------------------------------------------------------------------- |
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| Denom | string | "bnb" | Coin denom of the asset which can be deposited and borrowed |
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| BorrowLimit | BorrowLimit | [{see below}] | Borrow limits applied to this money market |
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| SpotMarketID | string | "bnb:usd" | The market id which determines the price of the asset |
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| ConversionFactor | Int | "6" | Conversion factor for one unit (ie BNB) to the smallest internal unit |
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| InterestRateModel | InterestRateModel | [{see below}] | Model which determines the prevailing interest rate per block |
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| ReserveFactor | Dec | "0.01" | Percentage of interest that is kept as protocol reserves |
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| KeeperRewardPercentage | Dec | "0.02" | Percentage of deposit rewarded to keeper who liquidates a position |
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Example parameters for `BorrowLimit`:
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| Key | Type | Example | Description |
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| ------------ | ---- | ------------ | ----------------------------------------------------------------------- |
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| HasMaxLimit | bool | "true" | Boolean for if a maximum limit is in effect |
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| MaximumLimit | Dec | "10000000.0" | Global maximum amount of coins that can be borrowed |
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| LoanToValue | Dec | "0.5" | The percentage amount of borrow power each unit of deposit accounts for |
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Example parameters for `InterestRateModel`:
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| Key | Type | Example | Description |
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| -------------- | ---- | ------- | --------------------------------------------------------------------------------------------------------------- |
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| BaseRateAPY | Dec | "0.0" | The base rate of APY interest when borrows are zero |
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| BaseMultiplier | Dec | "0.01" | The percentage rate at which the interest rate APY increases for each percentage increase in borrow utilization |
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| Kink | Dec | "0.5" | The inflection point of utilization at which the BaseMultiplier no longer applies and the JumpMultiplier does |
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| JumpMultiplier | Dec | "0.5" | Same as BaseMultiplier, but only applied when utilization is above the Kink |
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