UNCAP

Borrow

WBTCWBTC
= $0.000
USDUUSDU
= $0.000
Risk:

Interest Rate

400.00 USDU / year
Ahead:
Risk:

You get up to a 40% discount on your interest rate + up to 2% rebate on your collateral value, paid as STRK tokens claimable weekly.

Collateral Rebate (up to 2%)
Collateral Value$0.00
Collateral Rebate+$0.00
Interest Rebate (up to 40%)
Original Annual Interest$400.00
Interest Rebate+$160.00
Total Annual Rebate+$160.00

Position Summary

Collateral
0.5 WBTC
$0.00
Loan
20,000.00 USDU
Incl. 0.00 USDU creation fee
Interest rate
2.00%
400.00 USDU per year
Net Cost of Borrowing
$240.00/year
$160.00 rewards - 400.00 USDU interest
Liquidation Price
$46,000.00
Loan to Value
ConservativeMax. 87.0%

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