Fees and Parameters
Deposit Fees
An 0.00115ETH execution fee will be charged for positions opening for Buffs on Arbitrum.
No other fees are collected on lending pools or Ethereum Buffs
Withdrawal Fees
The 0.00115ETH execution fee will also be charged for positions closing for Buffs on Arbitrum.
Withdrawal fees will be applicable for both leverage users and lenders as follows:
Withdrawal Fees
0.2%
0.2%
Interest Rates
Borrowers' interest rates are determined by the utilization of the corresponding lending pool. Higher utilization rates result in higher interest rates, incentivizing more lending capital or prompting borrowers to close their positions.
Liquidation Threshold
For leveraged positions, liquidation is triggered when the position's debt-to-value ratio reaches the liquidation threshold. This safeguards against slippages and sudden price fluctuations, protecting lenders' principal.
ETH
98%
wstETH
98%
USDC, USDC.e, USDT
95%
ARB
95%
Liquidation Fee
A 5% liquidation fee is collected by the Keeper contract. When a user's position reaches the liquidation threshold, assets are liquidated. The returned amount is first allocated to lenders to ensure they are made whole, then the 5% charge will be deducted from the remainings, and returned to users.
Leverage Limit
A leverage limit will be applied to each of the borrowing asset. Users will only be able to apply leverage within the maximum range for their borrowings.
ETH
15x
wstETH
15x
USDC, USDC.e, USDT
10x
ARB
5x
Maximum Deposit Limit
To ensure balanced diversification and manage risk, each strategy will have a maximum deposit limit. This limit represents the total allowable open position size (open interest) for a specific strategy. Once this cap is reached, further deposits into that strategy will be temporarily disabled, preventing excessive concentration in any single strategy.
Slippage
For borrowings requiring token swapping to ETH and withdrawals through swapping, a maximum slippage of 5% is set to mitigate the risk of significant value loss for users.
Last updated