Borrow

wBTCwBTC
= $0.000
USDUUSDU
= $0.000

Interest Rate

USDU / year
Risk:
Ahead:

Position Summary

Collateral
0 wBTC
$0.00
Loan
0.00 USDU
Incl. 0.00 USDU creation fee
Interest rate
5.00%
0.00 USDU per year
LTV
Liquidation Price

Setting Your Interest Rate

You control your loan's interest rate:

  • Lower rates cost less but carry higher redemption risk
  • Higher rates cost more but provide better redemption protection

When redeemed, your debt and collateral are reduced equally, so no net loss is incurred.

Redemptions occur when USDU drops below $1

Loans with the lowest interest rate are affected first

Raising the interest rate reduces your redemption risk