rUSD
Parameters
The launch settings of the rUSD CDP. They mirror the contract's constructor arguments.
| Parameter | Value | What it does |
|---|---|---|
| Collateral | HYPE5 | The only accepted collateral. |
| Minimum collateral ratio | 150% | Below this a vault can be liquidated, and you cannot mint or withdraw past it. |
| Liquidation bonus | 10% | Extra collateral a liquidator receives on top of the debt repaid. |
| Stability fee | 2% a year | Interest on rUSD debt, compounding per second. |
| Minimum debt | 50 rUSD | Smallest non-zero debt, so every vault is worth liquidating. |
| Debt ceiling | 250,000 rUSD | Most rUSD the CDP can mint at launch, on top of the pool seed. Raised as liquidity grows. |
Something unclear? Tell us.