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Collateral: -

To deposit -, .

Locked

To borrow bnUSD, deposit collateral.

Repayable

Position details


The current ICX price is .

The current bnUSD price is $0.9986.

Risk ratio

You can't withdraw any collateral if you go beyond this threshold.

If the - price reaches -, all your collateral will be liquidated.


Redemptions

If bUSD ever falls below $0.97, traders can use the smart contracts to redeem it for borrower collateral.


For every bUSD they redeem, they'll receive $0.97 of collateral. The bUSD is burned, and 0.995 bUSD of borrower debt repaid.


Each redemption is spread across a group of borrowers to minimise the impact. The smaller your loan, the less it will affect you.

Past week

Loan interest

Rewards

Savings rate 11.39% APR

Buy or borrow bnUSD, then deposit it here to earn rewards.

Earning potential

Earn or buy BALN, then lock it up here to boost your rewards.

To earn rewards: supply liquidity, deposit bnUSD into the savings rate, or lock up BALN.