7% of the rewards earned through staking LP tokens as collateral to mint $FLAT will be charged as Collateral Farming Fees. 3% out of the 7% will go to the Development Fund while the remaining 4% will be used for Buyback & Burn.
5% of the liquidated debt value will be charged as the Liquidation Penalty. 4% out of the 5% will go to our Buyback & Burn program while the remaining 1% will go to the liquidator.
The borrowing interest is charged on the outstanding loan and accrues as position debt. 50% of the borrowing interest generated will go towards the surplus fund to help cover for bad debt while the remaining 50% will be used for Buyback & Burn.
This is a one-time fee charged every time users borrow FLAT. LatteSwap currently does not charge any Borrow Fee.
This is the maximum amount of the outstanding debt value that can be liquidated in a transaction when a position is subject to liquidation
Minimum Debt Balance
This is the minimum debt balance when opening a $FLAT position.