Console

Reading the chain…
deposit as collateral
borrow against it
Protocol token
Total collateral
—
Open loans
—
borrowers
Oracle price
—
System ratio
—
Redemption fee
—
rises with size
Riskiest loan
—
liquidated below 110%

Your position

Open a loan

Already have a loan? Connect the wallet that holds it.
Smallest loan—
Borrowing feeone-time, added to the debt—
Minimum ratiobelow it the loan can be liquidated—
Oracle pricesets the ratio and the liquidation price—
Collateral for the smallest loanat a 200% ratio, the comfortable target—
Deposit · wallet —
Borrow

Stability Pool

Stake

Your deposit—
Collateral earnedfrom liquidations, bought at the oracle price—
Token rewardsyours to claim—
The pool
Pool size—
Rewards left to issue—
Rewards todayshared by deposit size, claimable any time—
Rewards, next 12 monthson the fixed curve, shared by deposit size—
Wallet —

Your deposit repays liquidated loans and receives their collateral in return, usually worth more than the debt it covered. Rewards accrue while it sits here; withdraw any time.

What a deposit does

It absorbs debt from liquidated loans and receives their collateral at the oracle price, usually worth more than the debt it covered.

It earns token rewards on the fixed curve, shared by deposit size and claimable any time.

It can leave whenever no loan sits below the minimum ratio; there is no lock and no fee.

Staking

Earns a share of every protocol fee

Stake

Your stake—
Stablecoin fees earnedfrom borrowing—
Collateral fees earnedfrom redemptions—
All stakers
Total stakedprotocol-wide—
Wallet —

No lock-up. Fees are paid in the stablecoin and the collateral as they happen.

What a stake does

It earns a share of every borrowing fee, paid in the stablecoin, and of every redemption fee, paid in the collateral, by stake size.

It starts earning from the next fee on; nothing is owed on what came before.

It can leave any time; there is no lock and no fee.

Redeem & liquidate

Open to anyone, not just borrowers
Redemption fee nowrises with the size of a redemption—
Smallest redemptionthe riskiest loan at or above 110%, cleared whole—
Redeem instead of sellingwhat the smallest redemption returns after its fee, against the best quote for selling that much—
Loans below 110%anyone may liquidate these—
Riskiest loan on record—

Exchange for at the oracle price, taken from the riskiest loans first: any open loan at or above 110% can be redeemed, whatever its ratio; loans below that are liquidated instead. Whole loans only.

Wallet —

Protocol

Read live from the contracts
Total debt—
Stability Pool size—
Oracle pricesets every ratio, liquidation and redemption—
Market pricePulseX spot, for comparison—
pricePulseX spot—
pricePulseX spot—
Borrowing fee—
Redemption fee—
Status—
Connect

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Connected

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