User's Position
Subject | Definition |
Position Value | It's your total position values that will be shown in the token you borrow such as borrowing FTM, it will be shown in FTM value. |
Total Debt | It's the total debt amount of your position known as a position debt. The value is from the value of borrowing asset + borrowing interest. |
Debt Ratio | It's a % debt proportion per position's value. There's a chance for the position to be liquidated if it hits the Liquidated threshold known as Kill factor. |
Current APY | Your current APY% profit earning. |
Kill Factor | When your debt ratio hits this number, your position will be liquidated. |
Kill Buffer | The buffer between your position and the Kill factor. When this number goes to 0%, your position will be liquidated. |
๐ฃClose Position
You'll receive your farmed asset when closing your position is done.
๐ฃMinimize Trading
You'll get both token when closing position. For example, receiving both FTM and DAI.
๐ฃPosition Refill
You can refill one or both of your assets in your opened position. For example, in FTM-USDC pair, you can choose to refill FTM, USDC, or even both of them.
The Current Debt Ratio can be calculated by;
Position Debt and Position Value Based Token placed on 'Vault' Smart Contract
New Debt Ratio is the number from Current Debt Ratio + Refilled Amount Asset;
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