Larix

Larix is the first Metaverse based Finance Protocol on Solana, adopted a dynamic interest rate model and created more capital-efficient risk management pools, as such a broad selection of collateral types, crypto tokens, stablecoins, synthetic assets, NFTs, and other kind of assets (account receivables, invoices, mortgages, etc.) can be fully utilized in a safe way.

Lending Launchpad

The core of Lending Launchpad is an isolated pool, offering isolated asset pools for SPL native tokens. Up until now, Larix has only offered cross-collateral pools for supported mainstream assets.

Parameters:

• Collateral factor:  The maximum amount users can borrow is limited by the collateral factors of the assets they have supplied.
• Liquidation line: The max debt ratio that an account can achieve before liquidation. It is designed to protect user assets from small price fluctuations.
• L-Token: Deposit proof
• Liquidation Reward: The reward for liquidation Initiator in the main pool,Bonfida pool,LARIX pool are 8% of the total liquidated value. The reward for liquidation Initiator in the xSOL pool is 2% of the total liquidated value.

Sources:

• https://docs.projectlarix.com/