Parameters

The following parameters govern the behavior of the Risk Engine, ensuring the security and efficiency of the protocol. These parameters influence borrowing, collateral management, and liquidation processes across the protocol's pToken markets.

LTV (collateralFactor)

The LTV determines the portion of a user's supplied assets that can be used as borrowing power. Can be read by collateralFactor function.

function collateralFactor(uint8 categoryId, IPToken pToken)
    external
    view
    returns (uint256);

LLTV (liquidationThreshold)

The LLTV represents the point at which a borrower’s position becomes eligible for liquidation. Can be read by liquidationThreshold function.

liquidationThreshold(uint8 categoryId, IPToken pToken)
    external
    view
    returns (uint256);

Close Factor

The Close Factor determines the percentage of a borrower’s under-collateralized position that can be liquidated in a single transaction. Can be read by closeFactor function.

function closeFactor(address pToken) external view returns (uint256);

Liquidation Incentive

The Liquidation Incentive is the bonus given to liquidators when they repay a borrower’s debt and seize their collateral. This incentive ensures an active liquidation market by rewarding liquidators and can be read by liquidationIncentive function.

function liquidationIncentive(uint8 categoryId, address pToken)
    external
    view
    returns (uint256);

Supply Cap

The Supply Cap sets the maximum amount of a given pToken that can be supplied to the protocol and can be read by supplyCap function.

function supplyCap(address pToken) external view returns (uint256);

Borrow Cap

The Borrow Cap limits the total amount of a given pToken that can be borrowed and can be read by borrowCap function.

function borrowCap(address pToken) external view returns (uint256);