Summary
This publication provides an overview of the decision to add tALGO in the Folks Finance lending market.
Abstract & Motivation
tALGO is a liquid representation of your staked ALGO in the Tinyman Stakepool. It allows you to maintain flexibility and liquidity while earning rewards. tALGO automatically accrues Algorand staking rewards without requiring active management. The introduction of tALGO as collateral in Folks Finance will provide users with greater flexibility and increased access to liquidity, tapping into the growing DeFi ecosystem on Algorand. Full tALGO documentation here: Liquid Staking | Tinyman Docs
Below the asset parameters:
Ticker: tALGO
ASA ID: 2537013734
| Parameter | Value | |
|---|---|---|
| Variable Base (RV0) | 1,00% | |
| Variable Slope 1 (RV1) | 5,5% | |
| Variable Slope 2 (RV2) | 100,00% | |
| Stable Additional Base Rate (RS0) | 2,25% | |
| Stable Slope 1 (RS1) | 2,25% | |
| Stable Slope 2 (RS2) | 100,00% | |
| Stable Excess Rate (RS3) | 35,00% | |
| Optimal Utilisation Ratio (Uopt) | 55,00% | |
| Optimal Stable to Total Debt Ratio (Oratio) | 20,00% | |
| Rebalance Up Utilisation Ratio (URU) | 90,00% | |
| Rebalance Up Deposit Interest Rate Percentage (DIRRU) | 40,00% | |
| Rebalance Down Delta (RD) | 20,00% | |
| Retention Rate (RR) | 20,00% | |
| Flash Loan Fee | 0,10% | |
| Borrow Cap ($) | $5.000.000 | |
| Single Stable Borrow Percentage Cap | 4,00% |
| General Loan | ||
|---|---|---|
| Parameter | Value | |
| Collateral Factor | 60,00% | |
| Borrow Factor | 100,00% | |
| Collateral Cap ($) | $5.000.000 | |
| Liquidation Max | 50,00% | |
| Liquidation Bonus | 10,00% | |
| Liquidation Fee | 10,00% |
| Efficiency loan | ||
|---|---|---|
| Parameter | Value | |
| Collateral Factor | 80,00% | |
| Borrow Factor | 100,00% | |
| Collateral Cap ($) | $10.000.000 | |
| Liquidation Max | 50,00% | |
| Liquidation Bonus | 10,00% | |
| Liquidation Fee | 0,10% |
from me.