๐Ÿช
Cephei docs
  • โœŒ๏ธWelcome to Cephei Protocol
  • ๐Ÿ“šCephei Protocol Explained
    • ๐ŸงฌHow It Works
    • ๐Ÿ’กCephei features
    • ๐Ÿ“How can you use Cephei
    • โฌ†๏ธExpanding the Utility of Collateral
  • โš’๏ธCore mechanics
    • โš–๏ธPrice Stability Mechanisms
    • ๐Ÿ›Ž๏ธLiquidation mechanics and insurance
    • โš™๏ธRequirements and Fees
  • ๐ŸƒRoadmap
  • ๐Ÿ’ฅPhase 2
  • ๐Ÿค–Community bot FAQ
  • ๐Ÿ“ฌResources
  • ๐ŸงชBeta test guide
    • How to setup Testnet wallet
    • Connect wallet
    • Where i can get testnet tokens?
    • Open an account
    • Deposit collateral
    • Collateral strategies
    • Take a loan
    • Repay a loan
    • Withdraw collateral
    • Close account
    • Strategies
    • Swap
  • ๐Ÿ“–Glossary
    • Liquidation Ratio (LR)
    • Annual Percentage Yield (APY)
    • Loan-To-Value (LTV)
    • Health Factor (HF)
    • Liquidation Treshhold (LT)
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  • Fees
  • Debt requirements
  • Liquidation penalty
  1. โš’๏ธCore mechanics

โš™๏ธRequirements and Fees

Fees

Cephei offers a unique user-set fees feature, so fees may be unique for every user and all expenses can be easily covered with collateral yield

Debt requirements

Minimum amount of debt - 10 cUSD

Liquidation penalty

Liquidation penalty is the penalty taken from debt position at the moment of liquidation. In Cephei this penalty is 20% from the debt surplus.

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Last updated 1 year ago