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Ronin Finance
  • Ronin Finance
  • Synthetic Stablecoins
  • RONIN FINANCE
    • $CYBER
      • CYBER Token Utility
      • Allocation
      • Farming Protocol
      • Staking and Locking
    • Contracts
  • MECHANISMS
    • Collateral Ratio
    • Price Peg
    • Minting and Redeeming
  • OTHER
    • $RONIN Miner
    • Roadmap
    • Audit
    • FAQ section
    • Socials
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  1. MECHANISMS

Collateral Ratio

Ronin Finance is using a Collateral Ratio (CR) for Minting and Redeeming process. There will be a minimum Collateral Ratio which is set by governance.

The CR is used by the minting and redeeming function and it is displayed as a percentage. This ratio expresses what percentage of CYBER token is required to mint or redeem a BUSD/RONIN token.

CR will be adjusted every hour at the step of 0.2% (up or down)

For example: ▶️ 60min-TWAP over 1.005 BUSD -> CR down ▶️ 60min-TWAP under 0.995 BUSD -> CR up

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Last updated 3 years ago