Edge Protocol
  • Edge Protocol
    • Protocol Roadmap
  • Beta Launch: The Dawn of Edge
  • Genesis Pool
    • Assets & Specification
    • Price Oracle
    • Interest Rate Model
    • Key Use Cases of Genesis Pool
    • Interesting Yield Strategies for Genesis Pool
  • User Guides
    • Lenders
    • Borrowers
      • Manage debt postions
    • Parameters & Glossary
  • Extras
    • Community
    • Risks
    • Security
Powered by GitBook
On this page

Genesis Pool

PreviousBeta Launch: The Dawn of EdgeNextAssets & Specification

Last updated 3 years ago

Genesis pool is the first and only pool available in Dawn of Edge : Beta Launch.

Genesis Pool allows users to create a position by freely supplying any number of assets available in the pool and collateralizing them to borrow any available assets in the pool.

Below, we will walk through the high-level details of how each party involve with Edge Genesis Pool, more details on how to interact with the protocol can be found on .

Lender

By supplying an asset, users act as lenders, earning lending interest rate based on that asset's current lending APY. User can supply many assets.

Borrower

To borrow asset, users need to post some of their supplying asset as collateral. By posting an asset as collateral, users gain based on asset's corresponding Users can post many of their assets as collateral.

With borrowing power, users can now select the asset to borrow. User's capability to borrow a certain asset will depend on its borrowing factor and the borrowed asset's . Users can borrow many assets.

User's position will stay safe and healthy as long as the is below 100%. Once risk ratio exceeds 100%, user's collaterals will be exposed to liquidation.

Once liquidation occurs, liquidator can repay the position's debt and earn the equivalent value of collateral + liquidation incentive of that collateral.

User Guides
Assets & Specification
Price Oracle
Interest Rate Model
Key Use Cases of Genesis Pool
Interesting Yield Strategies for Genesis Pool
borrowing power
collateral factor.
borrowing factor
risk ratio