0g-chain/x/hard/spec/05_params.md

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