# 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 |