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

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