AMM Pool
Pool Description/Risks
AMM pool contains governance tokens of top Solana AMMs, such as Raydium or Orca. This pool lets you conduct pair trades, where you long A and short B to produce a market-neutral position that benefits from the overperformance of a protocol over another. AMM tokens are slightly more liquid than other governance tokens and have higher LTVs as such.
Oracles:
The price of these AMM tokens are predominately detected using Pyth, and Switchboard as a backup. For tokens without Pyth feeds, they rely on Switchboard ones.
Switchboard currently employs an equal weighting mechanism, where the average of various prices is taken. In times of market congestion, we will bump the OracleBatchSize to 5 to improve oracle reliability.

STEP

Parameter
Value
Optimal utilization rate (%)
80%
Loan to value ratio
50%
Liquidation penalty
10%
Liquidation threshold
65%
Min borrow APR
0%
Optimal borrow APR
50%
Max borrow APR
250%
Borrow fee
2.5%
Flash loan fee
0.3%
Host fee percentage
50%
Deposit limit
10,000,000 STEP
User Deposit Limit
None
Borrow Limit
None

USDC

Parameter
Value
Optimal utilization rate (%)
80%
Loan to value ratio
50%
Liquidation penalty
10%
Liquidation threshold
65%
Min borrow APR
0%
Optimal borrow APR
50%
Max borrow APR
250%
Borrow fee
2.5%
Flash loan fee
0.3%
Host fee percentage
50%
Deposit limit
100,000 USDC
User Deposit Limit
None
Borrow Limit
None
Parameter
Value
Optimal utilization rate (%)
80%
Loan to value ratio
50%
Liquidation penalty
10%
Liquidation threshold
65%
Min borrow APR
0%
Optimal borrow APR
50%
Max borrow APR
250%
Borrow fee
2.5%
Flash loan fee
0.3%
Host fee percentage
50%
Deposit limit
150,000 RAY
User Deposit Limit
None
Borrow Limit
Non

RAY

Parameter
Value
Optimal utilization rate (%)
80%
Loan to value ratio
50%
Liquidation penalty
10%
Liquidation threshold
65%
Min borrow APR
0%
Optimal borrow APR
50%
Max borrow APR
250%
Borrow fee
2.5%
Flash loan fee
0.3%
Host fee percentage
50%
Deposit limit
150,000 RAY
User Deposit Limit
None
Borrow Limit
None

SRM

Parameter
Value
Optimal utilization rate (%)
80%
Loan to value ratio
50%
Liquidation penalty
10%
Liquidation threshold
65%
Min borrow APR
0%
Optimal borrow APR
50%
Max borrow APR
250%
Borrow fee
2.5%
Flash loan fee
0.3%
Host fee percentage
50%
Deposit limit
100,000 SRM
User Deposit Limit
None
Borrow Limit
None

ORCA

Parameter
Value
Optimal utilization rate (%)
80%
Loan to value ratio
50%
Liquidation penalty
10%
Liquidation threshold
65%
Min borrow APR
0%
Optimal borrow APR
50%
Max borrow APR
250%
Borrow fee
2.5%
Flash loan fee
0.3%
Host fee percentage
50%
Deposit limit
150,000 ORCA
User Deposit Limit
None
Borrow Limit
None

LFNTY

Parameter
Value
Optimal utilization rate (%)
80%
Loan to value ratio
50%
Liquidation penalty
10%
Liquidation threshold
65%
Min borrow APR
0%
Optimal borrow APR
50%
Max borrow APR
250%
Borrow fee
2.5%
Flash loan fee
0.3%
Host fee percentage
50%
Deposit limit
250,000 LFNTY
User Deposit Limit
None
Borrow Limit
None

RIN

Parameter
Value
Optimal utilization rate (%)
80%
Loan to value ratio
50%
Liquidation penalty
10%
Liquidation threshold
65%
Min borrow APR
0%
Optimal borrow APR
50%
Max borrow APR
250%
Borrow fee
2.5%
Flash loan fee
0.3%
Host fee percentage
50%
Deposit limit
300,000 RIN
User Deposit Limit
None
Borrow Limit
None