Collateral Factor
The reserve factor is the percentage of Fee paid to Iron Bank. If the reserve factor is 10, then that would imply that 10% of the interest paid on the asset is for Iron Bank.
In the other hand, the collateral factor is the maximum you can borrow on a particular asset.
Example: The collateral factor for ETH is 75%, if the price of ETH is considered as $1000, the max you will be able to borrow in other assets is worth $750
Token | Collateral Factor | Reserve Factor |
|---|---|---|
WETH | 85% | 10% |
USDC | 85% | 10% |
USDT | 80% | 10% |
DAI | 80% | 10% |
WBTC | 75% | 10% |
OP | 50% | 20% |
SNX | 0% | 20% |
sUSD | 70% | 10% |
Last modified 1yr ago