6/6 - Liquidations
What happens when a position becomes unhealthy?
Explore the proposed liquidation process, the role of liquidators and the risks for borrowers and lenders.
THE END.
Read the full docs:
loanmeme.io/docs
No official $LOAN token or protocol is live yet. Any token claiming to be ours is fake.
Stay tuned to our official channel (X) for launch updates.
Loan docs are live. The meme that runs a protocol.
Now, for the first time ever, you can lend and borrow your favorite memes. A new chapter for meme culture.
loanmeme.io/docs
A walkthrough below ↓ 🧵
4/6 - Interest rates
Borrowing has a cost. That cost can change.
A walkthrough of the proposed rate model and the relationship between borrowing demand, available liquidity and interest.
3/6 - Health factor
How healthy is a borrowing position?
Explore how collateral value, debt and liquidation thresholds work together, and what can move a position closer to liquidation.