DeltaPrime Launch

Undercollaterlised borrowing and investing protocol on Avalanche.

DETAILS

• Mechanics & Features
  • Users deposit (lend) tokens (e.g. AVAX, USDC, BTC, ETH) in DeltaPrime’s liquidity pools to earn yield
  • Yield is paid in the deposited token (deposit AVAX, earn AVAX)
  • Deposited funds by lenders do not count as collateral to borrow against
  • Borrowers will need to deposit collateral to borrow funds
  • Users can only borrow AVAX or USDC
  • Users can borrow up to 5x the amount of their deposited collateral (undercollateralised)
  • DeltaPrime does not borrow out user’s deposited collateral
  • Deposited collateral will not earn yield
  • Users can earn yield over their collateral by providing it to the available partner liquidity pools and farms (Pangolin, Yield Yak) – the yield earned depends on the partner farm
  • 20% minimum loan collateral ratio; i.e. if value of the collateral falls below 20%, part of the borrowed funds get liquidated