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hoahaiduongminhlan
Jun 18, 2022
In General Discussions
Send and receive interest: Users deposit tokens into the BenQi platform and then receive interest. Get a loan Before borrowing, users are required to deposit any property as collateral. Then, go to the “Borrow” section and click “Borrow” to borrow the property. Set the desired amount to be borrowed based on the user’s available deposit to be used as collateral for the loan. Choose a “stable” or “variable” rate and confirm your transaction. Rates may be changed at a later time. Liquidation mechanism: Liquidation occurs when a borrower’s “Health Factor” falls below 1 because the value of their collateral does not include the correct amount of their loan/loaned value. This happens when the collateral decreases in value or when the borrowed debt increases in value relative to the collateral. The ratio of collateral to loan value is shown in the health factor. In a liquidation, up to 50% of a borrower’s debt is repaid, and that value plus a liquidation fee is taken from pre-existing collateral. Administration: The protocol will begin with centralized governance from the founding team, with the final decentralization of the protocol to be officially reconciled during implementation. QI tokens will be required to first put forward, then vote on proposals (BenQi Improvement Proposals) that will affect the key [economic, security and development] parameters of the protocol: Interest model. The addition of assets meets the risk requirements of the protocol. The collateral and liquidation parameters. Change the liquidity program and adjust incentives based on market conditions. Improve Smart Contract or governance process https://idodar.com/listing/benqi-qi/
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hoahaiduongminhlan
Jun 18, 2022
In General Discussions
FARM zone – Safe area. Free item storage Free craft table, upgrade items level, repair NFT Marketplace NPC Marketplace NPC quests Private island – build own FARM invite friends and get benefit PVE zone – Pseudo safe area. Divided into sub-zones with different levels of enemies. Level of enemies depends on the value of loot from them. Resource extraction (wood, plants, fabric, meat etc.) Mining ores (stone, metal, gold etc.) Completing NPC quests Enemies (wild animals, zombies) PVP zone – Danger area. Battle of players and death bounty, rare resources and zombies. https://idodar.com/listing/polygonum-online-pog/
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hoahaiduongminhlan

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