Parameters
Collateral Factor
The maximum that can be borrowed on a particular asset. (e.g. USDT collateral factor is 80%, with price of $1, the maximum that can be borrowed is $0.80 against it.)
Reserve Factor
The percentage of the borrower's interest that accrues to JAX. A reserve factor of 20% means that 20% of the interest paid on the asset accrues to Aurigami.
Close Factor
The maximum amount that can be liquidated in a single transaction. 50% close factor means that a maximum of 50% of a liquidatable account's borrow can be repaid in a single liquidation transaction.
Liquidation Incentive
The incentive given to liquidators to perform liquidations and keeping the protocol solvent. A liquidation incentive of 8% means that liquidators will receive 8% of the borrower's collateral on liquidation.
Details
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