handle.fi
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English
  • ๐Ÿ‘‹introduction
  • ๐Ÿ› ๏ธhandle.fi use cases & benefits
  • FOREX
    • ๐Ÿ’ฑFOREX tokenomics
    • ๐Ÿ—ณ๏ธgovernance staking (veFOREX)
      • obtain fxUSD/FOREX BPT & lock for veFOREX
    • ๐Ÿ‘œhow to buy FOREX
  • Platform Functions
    • โญgetting started
    • ๐Ÿ’นtrade
      • assets
      • ๐Ÿ“”how to trade
    • ๐Ÿ’ตconvert
      • ๐Ÿ“˜how to convert
    • ๐Ÿงborrow
      • ๐Ÿ›๏ธCDP vaults and collateral
      • โš ๏ธCDP liquidations
      • ๐Ÿ›ก๏ธfxKeeper
      • ๐Ÿ’ฒrepay
      • ๐Ÿ“—how to borrow
    • ๐Ÿ’ฐearn
      • ๐Ÿ“šhow to earn
    • ๐ŸŒ‰bridge
    • ๐ŸŒŠliquidity pools
      • ๐Ÿ’ฑhandle Liquidity Pool (hLP)
      • ๐ŸŒ™curve handle3pool
      • ๐ŸŒ™curve handleFRAXBP
      • ๐ŸŒŠFOREX pools
        • Balancer (80/20) FOREX/fxUSD (arb)
        • UniV3 FOREX/WETH (main)
      • ๐ŸŒŠfxToken - FX liquidity pools
    • ๐Ÿ’ฐfees & collateral parameters
      • protocol fee distributions
    • ๐Ÿ“–definitions
  • protocol rewards
    • ๐Ÿ”ญoverview
    • โ–ถ๏ธactive
      • ๐Ÿฅณtrader incentive pool rewards (TIPR)
      • ๐Ÿ–ผ๏ธNFT series: t0-Troopers
    • โธ๏ธpaused
      • ๐ŸŽtrader rewards
      • ๐Ÿคreferral program
      • ๐Ÿ‘จโ€๐Ÿ’ปquests
        • ๐ŸฅงProtocol Incentive Experiments (PIEs)
          • PIE #1 - retweets
          • PIE #2 - memes
          • PIE #3 - bonus rewards
          • PIE #4 - content production
          • PIE #5 - referrer program
          • PIE #6 - troop participation program
          • PIE #7_b - convert & win
  • protocol SPECS
    • ๐Ÿ“œcontracts
    • ๐Ÿ”protocol audit - Peckshield
    • ๐Ÿ‘๏ธoracles
    • ๐Ÿ“Šsubgraph
  • How to guides
    • ๐Ÿ”ฉadjusting settings
    • ๐Ÿ‘จโ€๐ŸŽ“how to open an account
    • ๐ŸŒ‰bridge
    • ๐Ÿ dashboard
  • Socials
  • website
  • twitter
  • discord
  • github
  • substack
  • youtube
  • MARKETING
    • branding, assets, images & memes
  • $FOREX data
    • CoinGecko
    • CoinMarketCap
    • Arbiscan
    • Etherscan
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  1. Platform Functions

definitions

fxToken: fungible instrument representing a debt denominated in the specific currency of that fxToken.

collateral: any asset used to secure the minting of an fxToken.

minting: creation of a representative fxToken and associated debt.

c-ratio =Collateral Ratio.

= total value of lodged collateral as a % of fxToken debt

= collateral value /fxToken loan amount = 1/LVR

Loan to Value Ratio (LVR) = fxToken loan as a % of collateral value = fxToken loan/collateral value (also called โ€˜Mint Ratioโ€™ MR) burning: destruction of fxTokens representing partial of full repayment of the collateralised loan collateral metrics: the risk metrics specific to collateral types. assigned to manage collateral specific lending risk and requirements

impermanent loss: is a temporary loss of funds that can occur when providing liquidity to an automated market maker (AMM) platform. It is often explained as the difference between holding an asset versus providing liquidity in that asset. vaults: representation of locked collateral that fxToken loans are issued against. vaults contain 1 to n collateral types.

vault ratios: a combination of the individual collateral metrics for assets deposited to a vault. liquidation: sale of part or all vault collateral to restore vault ratios to minimum acceptable limits. liquidation trigger: the c-Ratio (max LVR) at which the collateral liquidation process begins. liquidation fee: % fee charged to a vault liquidate part or all of lodged collateral. stability fee: % interest rate applied to asset used as collateral for minting of fxTokens.

utilisation rate: measures how much of the asset is being used by traders. it is worked out = assets borrowed / total assets in pool.

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Last updated 1 year ago

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