SmarDex Ecosystem
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USDN Protocol
USDN Protocol
  • Introduction
    • Quick Overview
  • THE USDN Protocol
    • Protocol USDN Overview
      • Simplified Examples
    • Protocol Balance
      • Imbalance Protections
      • Equilibrium: The Role of the Funding Rate
    • Vault Side
      • Vault Overview
      • Rebase Mechanism
      • Yields
        • Funding Rates
        • Yield-bearing asset
    • Long Side
      • Long Perpetual
      • Long Overview
      • Dip Accumulator
      • wstETH Collateralization
      • Liquidations and Minimum Position
    • Inside the Protocol
      • Protocol vs Market Fluctuations
      • 1. Providing a Price
      • 2. Calculating Long PnLs
      • 3. Applying the Funding Rate
      • 4. Liquidating Positions
    • Integration
      • WUSDN
    • Fees
      • Protocol Fees
      • Liquidation Fee
    • Protocol parameters
    • Oracles
    • Governance
    • Risks
    • SDEX
    • Addresses
    • FAQ
    • Glossary
  • PERIPHERY
    • Long farming
  • Whitepaper
  • Github
  • Audits
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  1. THE USDN Protocol

Protocol parameters

This page brings together all parameter values in the protocol.

  • Fee collector: 0x1E3e1128F6bC2264a19D7a065982696d356879c5

  • Min Leverage: 1.1x

  • Max Leverage: 25x

  • Low Latency Validator Deadline: 15 minutes

  • On-Chain Validator Deadline: 65 minutes

  • Safety Margin: 2%

  • Protocol Fee: 8%

  • Rebalancer Bonus: 60%

  • Liquidation Penalty: 200 ticks (around 2.02%)

  • EMA Period: 5 days

  • Funding Scaling Factor: 0.12

  • Fee Threshold: 1 ether

  • Open Exposure Imbalance Limit: 4%

  • Withdrawal Exposure Imbalance Limit: 6%

  • Deposit Exposure Imbalance Limits: 4%

  • Close Exposure Imbalance Limit: 6%

  • Rebalancer Close Exposure Imbalance Limit: 2.5%

  • Long Imbalance Target: 3%

  • Position Fee: 0.04%

  • Vault Fee: 0.04%

  • SDEX Rewards Ratio: 1%

  • SDEX Burn On Deposit Ratio: 5%

  • Security Deposit Value: 0.15 ETH

  • Min Long Position: 0.65 wstETH

  • Usdn Price Target: 1.0047$

  • Usdn Rebase Threshold: 1.005$

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Last updated 2 months ago