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For the complete documentation index, see llms.txt. This page is also available as Markdown.

Loan types

There will be multiple types of loans which include different pools and parameters.

  • General loan type which will include all the pools.

  • Stablecoin efficiency loan type which will only include stablecoins.

  • ALGO efficiency loan type which will only include Algo and gALGO. In ALGO efficiency type which will only include Algo and xALGO.

  • Algorand Ecosystem loan type which will only include Algorand ecosystem assets.

In the general loan type, USDC has a collateral factor of 80%, whereas in the stablecoin efficiency loan type, USDC has a collateral factor of 90%. The reason this can be done is because the stablecoin efficiency loan type is limited in the different assets that can be borrowed. Since all the other assets are stablecoins as well, the protocol can offer a higher LTV ratio without compromising on safety.

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