Collateral Risk Parameters
Last updated
Last updated
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.
CDCETH & CDCBTC
Minimum Collateral Ratio (MCR)
135%*
CDCETH & CDCBTC
Total Collateral Ratio (TCR)
150%
CDCETH & CDCBTC
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
LCRO
Minimum Collateral Ratio (MCR)
130%*
LCRO
Total Collateral Ratio (TCR)
150%
LCRO
Collateral Cap
N.A.
*The minimum collateral ratio displayed on Orby's website will be 135%. We provided a 5% buffer to ensure that users do not get immediately liquidated