Economic Parameters
minMargin
Minimum maintenance margin
3%
[2%, 20%]
minMarginAtCreation
Minimum margin for opening a position
5%
[minMargin, 50%]
minPositiveOpenNotional
Minimum openNotional of a position
35
[0, 10000]
liquidationReward
% openNotional payed to liquidator & insurance
1.5%
[1%, minMargin]
liquidationRewardsInsuranceShare
% of liquidation reward payed to insurance
30%
[0, 100%]
liquidationDiscount
discount on non-ua assets during liquidations
95%
[nonUACollSeizureDiscount + 10%, 100%]
nonUACollSeizureDiscount
discount on non-ua assets during asset seizure
85%
[0%, liquidationDiscount + 10%]
uaDebtSeizeThreshold
threshold for UA debt when assets can be seized
10,000
[100, inf]
insuranceRatio
% vault assets with insurance reserve
10%
[10% 50%]
heartBeat
grace period until prices are refreshed
NA
-
gracePeriod
grace period after sequencer went back up
NA
[1 min, 1 hour]
weight
asset weight
1 (UA)
[10%, 100%]
maxAmount
deposit cap on reserve token of Vault
inf (UA)
[0, inf]
maxMintCap
minting cap on reserve token for UA
10,000,000 (USDC)
[0, inf]
inf = maximum value available for this type (i.e. for an UINT256 that would be 256**2-1)
riskWeight
weight of user debt in this market
3
[1, 50]
maxLiquidityProvided
limit on maximum quote amount provided
2,000,000
[0, inf]
sensitivity
3
[0.2, 10]
twapFrequency
frequency of twap updates
15 min
[1 min, 60 min]
maxBlockTradeAmount
maximum amount that can be traded per timestamp
50,000
[100, inf]
insuranceFee
fee charge on opening a position
0.1%
[0.001%, 1%]
lpDebtCoef
relative weight of LPs towards their debt
3
[1, 20]
lockPeriod
time for which LPs can not withdraw their liquidity
1 hour
[10 min, 30 days]
heartBeat
grace period until prices are refreshed
NA
-
gracePeriod
grace period after sequencer went back up
NA
[1 min, 1 hour]
Our parameters for heartBeat and gracePeriod are not representative of the real values globally.
Last updated