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  1. Overview
  2. Supported Collateral

Collateral Risk Parameters

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Last updated 27 days ago

The minimum collateral ratio (MCR) works to ensure that $USC remains overcollateralized at all times. Every shuttle must have a debt position above MCR in order to remain active.

To recap, collateral ratio is calculated as follows:

Collateral ratio = (amount of collateral in USD / amount of $USC borrowed in USD) * 100

The MCR is dependent on our risk assessment of the underlying collateral type.

Collateral Type
Parameter

CDCETH

Minimum Collateral Ratio (MCR)

135%*

CDCETH

Total Collateral Ratio (TCR)

150%

CDCETH

Collateral Cap

N.A.

*The minimum collateral ratio displayed on Orby's website will be 140%. We provided a 5% buffer to ensure that users do not get immediately liquidated

Commonly asked questions

What is Total Collateral Ratio (TCR)?

Total Collateral Ratio (TCR) is the average of all shuttle's (with $cdcETH) collateral ratio.

  • TCR = total dollar value of the respective collateral / total dollar value of the corresponding debt

If TCR falls below the specified threshold (in this case it's 150%), then all shuttles with $cdcETH will go into Recovery Mode. You can read more about Recovery Mode and its impact on you .

here