Parasset Introduction

  • The fixed ratio between K and C, with K temporarily set at 1.2 times C
  • The stabilization fee is partly determined by the collateral rate and partly by the total collateral ratio (that is, the ratio of total ETH collateral to total liquidity, taking into account liquidity and liquidation scale)
  • The proceeds from the stabilization fee are transferred to the insurance pool to increase the resilience of the pool in case of liquidation.
  • Stabilization fee = total debt at moment t-1 * dynamic stabilization fee rate at moment t-1 * difference in block height at moment t and moment t-1
  • Dynamic stabilization fee rate at moment t = Initial stabilization fee rate * f
  • Transaction fee of 0.2%
  • Stabilization fee
  • Liquidation residual value
  • Liquidators
  • Insurance fund pool
  • System bears

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Parassets such as PUSD, PETH, PBTC are generated by protocol collateral and anchor the underlying asset with an intrinsic value of 1:1 http://t.me/parasset_chat

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Parasset

Parasset

Parassets such as PUSD, PETH, PBTC are generated by protocol collateral and anchor the underlying asset with an intrinsic value of 1:1 http://t.me/parasset_chat

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