Stablecoin Account
This account type isolates risks related to multiple Stablecoins for a given currency. Presently, Infinity only accepts USD-linked stablecoins, specifically USDC, USDT, and DAI.
Stablecoin token risk metrics are measured as the ratio, or premium between the Basic Account metrics and 100%. That is, if the Basic Account LTV is 95%, and the premium is 50%, then the Stablecoin LTV is 95% + (1 - 95%) x 50% = 97.5%
Basic Tokens
Accepted Collateral | Premium |
---|---|
USDC | 75% |
USDT | 75% |
DAI | 50% |
Deposit Tokens
Accepted Collateral | Premium |
---|---|
Aave aTokens | 75% |
Compound cTokens | 75% |
Complex Tokens
Accepted Collateral | Premium |
---|---|
Curve LP Tokens | 50% |
Uniswap LP V3 NFT Tokens* | 50% |
*Note that LP tokens are restricted to their underlying currencies. That is, USDTETH would not qualify for the Stablecoin premiums, but USDTUSDC would.
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