Liquidity Bootstrap Event
How to get Charm on LBP?
LBE LP history
Use yield bearing tokens to borrow LAMBDA
Provide collateral and borrow LAMBDA.
Initally supported tokens include wsSPA and yvFTM. More yield bearing tokens will be updated after initial launch.
A chainlink price oracle will be used to determine the market value of the underlying collateral.
Repay borrowed LAMBDA at any time
We will update details on interest, borrow fees and liquidation fees before the launch.
Each debt position is isolated to its associated token pair.
The market price of underlying tokens can be volatile. There is always risks of liquidation. We will have a Maximum Collateral Ratio (MCR) of 75%.
Yield bearning tokens with stable coins as underlying can have MCR up to 90%. An example is the yvToken of a Yearn vault comprised of only stable coins.
Tokenomics - Previous
Next - Guides