Parameters

Pools are categorized based on similar risk characteristics:

• Stable

• ALGO

• Medium Risk

• High Risk

	ALGO	gALGO	xALGO	USDC	USDt	EURS	Gard	goBTC	goETH	WBTC	WETH	WAVAX	WSOL	wLINK	GOLD	SILVER	OPUL	WMPL
Category	ALGO	ALGO	ALGO	Stable	Stable	Stable	Stable	Medium	Medium	Medium	Medium	Medium	Medium	Medium	Commodities	Commodities	High	High
Variable Base Rate (RV0)	0%	0%	0%	1.75%	1.75%	1.75%	1.75%	0%	0%	0%	0%	0%	0%	0%	1.75%	1.75%	0%	0%
Variable Slope 1 Rate (RV1)	6.5%	0%	6.5%	5%	5%	5%	5%	7.5%	7.5%	7.5%	7.5%	7.5%	7.5%	7.5%	5%	5%	8.5%	8.5%
Variable Slope 2 Rate (RV2)	100%	0%	100%	100%	100%	100%	100%	200%	200%	200%	200%	200%	200%	200%	100%	100%	200%	200%
Stable Additional Base Rate (RS0)	2.25%	0%	2.25%	2%	2%	2%	2%	1%	1%	1%	1%	1%	1%	1%	2%	2%	1%	1%
Stable Slope 1 Rate (RS1)	2.25%	0%	2.25%	2%	2%	2%	2%	1%	1%	1%	1%	1%	1%	1%	2%	2%	2%	2%
Stable Slope 2 Rate (RS2)	200%	0%	100%	100%	100%	100%	100%	200%	200%	200%	200%	200%	200%	200%	100%	100%	200%	200%
Stable Excess Rate (RS3)	30%	0%	35%	25%	25%	25%	25%	35%	35%	35%	35%	35%	35%	35%	25%	25%	40%	40%
Optimal Utilisation Ratio (Uopt)	90%	70%	55%	85%	75%	75%	75%	55%	55%	55%	55%	55%	55%	55%	60%	60%	55%	55%
Optimal Stable to Total Debt Ratio (Oratio)	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%
Rebalance Up Utilisation Ratio (URU)	90%	90%	90%	95%	95%	95%	95%	90%	90%	90%	90%	90%	90%	90%	90%	90%	85%	85%
Rebalance Up Deposit Interest Rate Percentage (DIRRU)	50%	50%	40%	40%	40%	40%	40%	55%	55%	55%	55%	55%	55%	55%	55%	55%	47.5%	47.5%
Rebalance Down Delta (RD)	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%	20%
Retention Rate (RR)	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%
Flash Loan Fee	0.1%	N/A	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
Borrow Cap ($)	70,000,000	0	5,000,000	15,00,000	0	0	0	1,000,000	1,000,000	300,000	300,000	180,000	180,000	75,000	200,000	180,000	0	0
Single Stable Borrow Percentage Cap	4%	0%	4%	6.2%	6.2%	6.2%	6.2%	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%	6.2%	6.2%	6.5%	6.5%

Loans are categorized based on their types:

• General

• Stablecoin Efficiency

• ALGO Efficiency

• Up/Down

General

	ALGO	gALGO	xALGO	USDC	USDt	EURS	Gard	goBTC	goETH	WBTC	WETH	WAVAX	WSOL	wLINK	GOLD	SILVER	OPUL	WMPL
Collateral Factor	65%	65%	65%	80%	25%	25%	70%	70%	70%	70%	70%	65%	65%	65%	60%	60%	0%	0%
Borrow Factor	100%	N/A	100%	100%	160%	120%	500%	100%	100%	100%	100%	100%	100%	100%	100%	100%	300%	180%
Collateral Cap ($)	50,000,000	35,000,000	7,500,000	100,000,000	0	0	0	3,000,000	1,000,000	500,000	200,000	150,000	150,000	125,000	350,000	275,000	0	0
Liquidation Max	50%	N/A	50%	50%	50%	50%	50%	50%	50%	50%	50%	50%	50%	50%	50%	50%	50%	50%
Liquidation Bonus	8%	10%	10%	6%	7%	8%	8%	8%	8%	8%	8%	10%	10%	10%	8%	8%	N/A	N/A
Liquidation Fee	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	N/A	N/A

Stablecoin Efficiency

	USDC	USDt	EURS	Gard
Collateral Factor	90%	40%	40%	75%
Borrow Factor	100%	150%	120%	500%
Collateral Cap ($)	100,000,000	0	0	0
Liquidation Max	50%	50%	50%	50%
Liquidation Bonus	4%	5%	6%	6%
Liquidation Fee	10%	10%	10%	10%

ALGO Efficiency

	ALGO	gALGO	xALGO
Collateral Factor	85%	82.5%	85%
Borrow Factor	100%	N/A	100%
Collateral Cap ($)	50,000,000	75,000,000	15,000,000
Liquidation Max	50%	N/A	50%
Liquidation Bonus	6%	8%	8%
Liquidation Fee	10%	10%	10%

Up

Liquidation bonus defined as

$$collateral\ received = loan\ collateral \times \left(\frac{borrow\ repaid}{borrow\ balance}\right)$$

Asset	Collateral Factor	Borrow Factor	Collateral Cap ($)	Liquidation Max	Liquidation Fee	Max Multiplier	Max starting Multiplier
USDC	N/A	100%	N/A	100%	N/A	N/A	N/A
ALGO	82.5%	N/A	200,000	N/A	10%	5.71	5
goBTC	90%	N/A	50,000	N/A	10%	10	8
goETH	90%	N/A	50,000	N/A	10%	10	8
wBTC	90%	N/A	50,000	N/A	10%	10	8
wETH	90%	N/A	50,000	N/A	10%	10	8

Down

Liquidation bonus defined as:

$$collateral\ received = loan\ collateral \times \left(\frac{borrow\ repaid}{borrow\ balance}\right)$$

Asset	Collateral Factor	Borrow Factor	Collateral Cap ($)	Liquidation Max	Liquidation Fee	Max Multiplier	Max starting Multiplier
USDC	100%	N/A	400,000	N/A	10%	N/A	N/A
ALGO	N/A	121.21%	N/A	100%	N/A	4.71	4
goBTC	N/A	111.11%	N/A	100%	N/A	9	7
goETH	N/A	111.11%	N/A	100%	N/A	9	7
wBTC	N/A	111.11%	N/A	100%	N/A	9	7
wETH	N/A	111.11%	N/A	100%	N/A	9	7