FAQ

How much collateral should I supply?

The necessary collateral value is determined by the CF (Collateral Factor). This ratio specifies the maximum amount of assets that can be borrowed against a particular collateral (see Assets parameter).

Example: If the TON price is 2 USDT, and you provide TON with a CF of 65% intending to borrow 1000 USDT, you would need to provide at least 1000 USDT / (CF × TON price) = 1000 / (0.65 × 2) ≈ 769 TON.

Furthermore, it's important to remember that the prices of crypto assets can be volatile. If your borrow amount increases or the value of your collateral decreases, your position may be partially or fully liquidated (see Liquidation section).

How much interest will I owe?

The interest rate on borrowed loans fluctuates, adjusting dynamically based on the asset's supply and demand ratio.

For more information, see the APY section.

When do I have to pay the loan back?

Loans don't have a set repayment date, but with each block, your debt accrues. The longer the loan duration, the higher the interest accumulates.

What if my collateral becomes insufficient?

While your initial collateral may be adequate when borrowing, market dynamics can shift:

• The value of your collateral might decrease.

• The value of borrowed assets could rise.

• Accrued interest can enlarge your debt.

Should your collateral's value fall beneath a certain threshold, a portion of your loan will undergo automatic liquidation, with a penalty taken directly from your collateral. To prevent liquidation, maintain a healthy account balance by either repaying the loan or adding more collateral as necessary.