Collateral Factors

Introduction

Silos are permissionless. Therefore, anyone can create a Silo for any token asset, provided a price feed has been set up for the Silo's base token asset.
Each Silo has the following settings:
  • Maximum Loan to Value (LTV)
  • Liquidation Threshold (LT)
  • Price Feed
  • Interest Model
Every Silo supports a custom configuration of the above settings. For example, the USDC Silo might have 90% LTV, 95% LT, a Balancer v2 price feed, and a custom interest model.

Collateral Factors for Beta Markets

The table below lists collateral factors for a random group of token assets. By default, all Silos apply the same collateral factors.
Asset
Loan To Value (LTV)
Liquidation Threshold (LT)
Liquidation Penalty
ETH
Bridge asset, all Silos
80%
85%
Up to 15%
USDC
90%
95%
Up to 5%
WBTC
85%
90%
Up to 10%
wstETH
85%
90%
Up to 10%
sETH2
50%
85%
Up to 15%
Frax
80%
90%
Up to 10%
CRV
65%
85%
Up to 15%
FXS
65%
85%
Up to 15%
CVX
65%
85%
Up to 15%
APE
50%
80%
Up to 20%
BAL
65%
85%
Up to 15%
Each Silo's collateral factors may be adjusted through governance. Through on-chain voting, token holders can:
  • Replace a Silo's price feed for another
  • Adjust LTV/LT
  • Change the interest model