Collateral Factor & Reserve Factor
The reserve factor is the percentage of Fee paid to Metalend protocol. If the reserve factor is 10, then that would imply that 10% of the interest paid on the asset is for Metalend.
On the other hand, the collateral factor is the maximum you can borrow on a particular asset.
Example: The collateral factor for ETH is 82%, if the price of ETH is considered as $1000, the max you will be able to borrow in other assets is worth $820
Token | Collateral factor | Reserve factor |
|---|---|---|
WBTC | 70% | 20% |
ETH | 82% | 20% |
XSGD | 0% | 7% |
XIDR | 0% | 7% |
USDC | 0% | 7% |
Last modified 11mo ago