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