Nazca.Money
  • INTRODUCTION
    • What is Nazca?
    • Why Blast?
    • Blast Hub
  • GUIDES
    • Use Cases
    • Supplying / Withdrawing
    • Borrowing / Repaying
    • APR
  • PROTOCOL
    • Tokenomics
    • nTokens
    • Liquidations
    • Interest Rate Model
    • Contract Addresses
    • Parameters
  • Others
    • Audit Report
    • Terms & Conditions
  • Community Links
    • Website
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  • Collateral Factor
  • Reserve Factor
  • Close Factor
  • Liquidation Incentive
  • Details
  1. PROTOCOL

Parameters

Collateral Factor

  • The maximum that can be borrowed on a particular asset. (e.g. USDB collateral factor is 80%, with price of $1, the maximum that can be borrowed is $0.80 against it.)

Reserve Factor

  • The percentage of the borrower's interest that accrues to Nazca. A reserve factor of 20% means that 20% of the interest paid on the asset accrues to Aurigami.

Close Factor

  • The maximum amount that can be liquidated in a single transaction. 50% close factor means that a maximum of 50% of a liquidatable account's borrow can be repaid in a single liquidation transaction.

Liquidation Incentive

  • The incentive given to liquidators to perform liquidations and keeping the protocol solvent. A liquidation incentive of 8% means that liquidators will receive 8% of the borrower's collateral on liquidation.

Details

Token
Collateral Factor
Close Factor
Liquidation Incentive
Reserve Factor

USDB

80%

50%

8%

20%

ETH

75%

50%

8%

20%

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Last updated 1 year ago