Collateral: ELYRA · Borrow: USDC
FrontierBorrow USDC against ELYRA. Frontier market, higher risk, with a 38.5% liquidation loan-to-value and a 28.5% cap in the app.
Frontier market. Liquidation can happen at 38.5% loan-to-value. Confirm that risk before you submit a transaction.
Interest rate
Kink: 2% base, 8% slope to 70% util, 150% slope after. Borrow APR is about 2% when the market is empty and about 10% at the kink. This frontier market is higher risk: ELYRA is a new asset, and the rate steepens sharply above 70% utilization.
- Kink
- 70.0%
- Reserve
- 20.0%
- Utilization
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Oracle
ELYRA priced in USDC. Keeper-pushed price. Elysium does not have Pyth or Chainlink yet, so keepers publish the update. An update must arrive within 1 hour and cannot move more than 20%. If a secondary source is set and diverges by more than 2%, new borrows pause. Liquidations use the lower price. Frontier collateral can move through that band quickly.
— per ELYRA
Waiting for a price
Risk parameters
- Liquidation LTV
- 38.5%
- Max LTV in the app
- 28.5%
- Supply cap
- 50.00K USDC
- Borrow cap
- 25.00K USDC
- Collateral cap
- 1.00M ELYRA
- Liquidation bonus
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