Skip to content

Commit

Permalink
GITBOOK-552: change request with no subject merged in GitBook
Browse files Browse the repository at this point in the history
  • Loading branch information
Gabriel Gruber authored and gitbook-bot committed May 3, 2024
1 parent 3012e72 commit 0d924f2
Showing 1 changed file with 17 additions and 29 deletions.
46 changes: 17 additions & 29 deletions guides/parameters.md
Original file line number Diff line number Diff line change
Expand Up @@ -14,23 +14,23 @@ $$\eta$$ the fraction of the total Variable Rate Pool deposits established as Li

The treasury fee refers to the percentage of interest rate charges paid by borrowers that the protocol retains for its treasury.

**Treasury Fee on OP Mainnet**
* **Treasury Fee on OP Mainnet**

$$
\begin{align*} \lambda_r = 20\% \end{align*}
$$

OP Mainnet Treasury multisig address: [https://optimistic.etherscan.io/address/0x23fd464e0b0ee21cedeb929b19cabf9bd5215019](https://optimistic.etherscan.io/address/0x23fd464e0b0ee21cedeb929b19cabf9bd5215019)

**Treasury Fee on Ethereum Mainnet**
* **Treasury Fee on Ethereum Mainnet**

$$
\begin{align*} \lambda_r = 0\% \end{align*}
$$

## C. Optimism Mainnet Interest Rate Curves

**USDC**
* **USDC**

| Parameter | Value |
| ---------------- | ---------- |
Expand All @@ -41,7 +41,7 @@ $$
| $$k_{sigmoid}$$= | 2.50 |
| $$α$$= | 1.10 |

**USDC.e**
* **USDC.e**

| Parameter | Value |
| ---------------- | ---------- |
Expand All @@ -52,7 +52,7 @@ $$
| $$k_{sigmoid}$$= | 2.50 |
| $$α$$= | 1.10 |

**WETH**
* **WETH**

| Parameter | Value |
| ---------------- | ---------- |
Expand All @@ -63,7 +63,7 @@ $$
| $$k_{sigmoid}$$= | 2.50 |
| $$α$$= | 1.40 |

wstETH
* wstETH

| Parameter | Value |
| ---------------- | ---------- |
Expand All @@ -74,7 +74,7 @@ wstETH
| $$k_{sigmoid}$$= | 2.50 |
| $$α$$= | 1.40 |

**OP**
* **OP**

| Parameter | Value |
| ---------------- | ---------- |
Expand All @@ -85,7 +85,7 @@ wstETH
| $$k_{sigmoid}$$= | 2.50 |
| $$α$$= | 1.20 |

**WBTC**
* **WBTC**

| Parameter | Value |
| ---------------- | ---------- |
Expand All @@ -98,47 +98,47 @@ wstETH

## D. Ethereum Mainnet Interest Rate Curves

#### WETH
* WETH

| Parameter | VRP Value | FRP Value |
| ------------ | ----------- | ----------- |
| $$A$$ = | 1.9362e-2 | 3.8126e-1 |
| $$B$$ = | -1.787e-3 | -3.6375e-1 |
| $$U_{max}$$= | 1.003870947 | 1.000010695 |

#### DAI
* DAI

| Parameter | VRP Value | FRP Value |
| ------------ | ----------- | ----------- |
| $$A$$ = | 1.7852e-2 | 3.9281e-1 |
| $$B$$ = | -2.789e-3 | -3.7781e-1 |
| $$U_{max}$$= | 1.003568501 | 1.000014451 |

#### USDC
* USDC

| Parameter | VRP Value | FRP Value |
| ------------ | ----------- | ----------- |
| $$A$$ = | 1.4844e-2 | 3.9281e-1 |
| $$B$$ = | 1.9964e-4 | -3.7781e-1 |
| $$U_{max}$$= | 1.002968978 | 1.000014451 |

#### WBTC
* WBTC

| Parameter | VRP Value | FRP Value |
| ------------ | ----------- | ----------- |
| $$A$$ = | 2.7194e-2 | 4.6586e-1 |
| $$B$$ = | 3.0160e-2 | -4.1345e-1 |
| $$U_{max}$$= | 1.007776377 | 1.050553997 |

#### wstETH
* wstETH

| Parameter | VRP Value | FRP Value |
| ------------ | ----------- | ----------- |
| $$A$$ = | 1.9362e-2 | 3.8126e-1 |
| $$B$$ = | -1.787e-3 | -3.6375e-1 |
| $$U_{max}$$= | 1.003870947 | 1.000010695 |

#### OP
* OP

| Parameter | VRP Value | FRP Value |
| ------------ | ----------- | ----------- |
Expand All @@ -150,29 +150,18 @@ These parameters are utilized to calculate [the effective borrow interest rate](

## D. Risk Factors

#### Ethereum Mainnet
* OP Mainnet

| Asset | Value |
| ------ | ----- |
| WETH | 0.86 |
| DAI | 0.90 |
| USDC | 0.91 |
| WBTC | 0.85 |
| wstETH | 0.82 |
| OP | N/A |

#### OP Mainnet

| Asset | Value |
| ------ | ----- |
| WETH | 0.86 |
| DAI | N/A |
| USDC | 0.91 |
| USDC.e | 0.91 |
| WBTC | 0.78 |
| wstETH | 0.82 |
| OP | 0.35 |

#### Goerli Testnet
* Ethereum Mainnet

| Asset | Value |
| ------ | ----- |
Expand All @@ -181,7 +170,6 @@ These parameters are utilized to calculate [the effective borrow interest rate](
| USDC | 0.91 |
| WBTC | 0.85 |
| wstETH | 0.82 |
| OP | N/A |

We associate a [Risk-Adjust Factor](https://docs.exact.ly/getting-started/math-paper#6.-liquidations) to each asset to assess each collateral asset's borrow and lending power.

Expand Down

0 comments on commit 0d924f2

Please sign in to comment.