DeFiner Protocol
v2 HODLer Market
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Configurations

The mission of HODLer market is to be an open and permissionless lending market for any tokens and coins. Therefore, the HODLer market is designed to be as configurable as possible. We have 3 types of configurations: pre-configured, user-defined parameters, and DeFiner-defined parameters.

Pre-Configured

Pre-configured parameters are set up at the parent smart contract level. Those parameters are not changeable and stay the same with the parent contract for any child Hodler market which it is cloned from, such as fund reserve address.

User-Defined

User-defined parameters are inputted by users. When a HODLer market contract is created, configurations are set up by the creator. After the configurations are initially set up, those configurations can only be changed through the DeFiner DAO proposal process. Anyone can propose a change request under the market detail page. Those change requests will be reviewed by DeFiner DAO and voted by DeFiner DAO. Once the proposal passes, those proposed changes will be implemented within 48 hrs. Find more details regarding the voting process and details here.

DeFiner-Defined

DeFiner-defined parameters are the default parameters for each pool by DeFiner. Those parameters are changeable through the DeFiner DAO voting process as well.
Configuration
Description
Types
Value
liquidationThreshold
This defines the threshold of loan to collateral value used to define if the account is in the status of liquidation
DeFiner defined
85%
liquidationDiscountRatio
This defines the discount for liquidators when liquidating users' assets
DeFiner defined
95%
compoundSupplyRateWeights
This defines the weight of supply APR used to calcuate borrow APR from the money market protocol
DeFiner defined
50%
compoundBorrowRateWeights
This defines the weight of borrow APR used to calcuate borrow APR from the money market protocol
DeFiner defined
50%
deFinerRate
The percentage of the gains directed to definer
DeFiner defined
10%
borrow mining speed
This defines the mining rewards distributed to borrow balance
DeFiner defined
0
depositEnable
This defined if deposit function available
DeFiner defined
YES
repayEnable
This defined if repay function available
DeFiner defined
YES
miningDeFinerRate
This defines the percentage of fees to DeFiner for mining reward
DeFiner defined
10%
borrowFee Per transaction
This defines the percentage of fees to DeFiner for borrow function
DeFiner defined
0
collateral value cap
This defines the maximum value accepted by DeFiner as collateral for each token
DeFiner defined
varies by pool
minReserveRatio
Minimum boundarie to collect from compound
Pre-Configured
10%
maxReserveRatio
Maxmun bondarie to sent to compound
Pre-Configured
20%
loan currency token address
This defines the default stablecoins for each pool
Pre-Configured
expire_duration
maximum time to consider oracle response valid
Pre-Configured
12 hours
poolCreationFeeInUSD8
Pool creation fee in Dollar encoded with 8 decimal places
Pre-Configured
150 USD
max_maturity_date
The furtherst in the future a pool can be set to mature
Pre-Configured
10 year
max_apr
the maximum maximumMaturity rate of a pool
Pre-Configured
300%
min_apr
the minimun minMaturityRate of a pool
Pre-Configured
3%
blocks_per_year
The amount of blocks per year of a blockchain
Pre-Configured
varies by blockchain
rateCurveConstant
Constant used to calculate borrowAPR
User Defined
borrowLTV
the loan to collateral ratio of the base token
User Defined
collateral mining speed
the mining reward speed
User Defined
mining Token Address
the mining reward token
User Defined
collateral token address
the base token address
User Defined
borrowEnable
this defines if the asset could be borrowed or not
User Defined
withdrawEnable
this defines if the asset could be withdrew or not
User Defined
maturity date (Collateral)
this defines the time when base token could be withdrew
User Defined
maximum utilization to calculate borrow APR
this defnes the maximum borrow APR of the HODLer market
User Defined
mining_length
it is the period of time for distributing mining rewards, the unit is in a block
User Defined
Last modified 1mo ago