๐ŸšฆRisk Parameters

The following risk parameters control collateral requirements, liquidation behavior, and market caps within the Moonwell Comptroller. All mantissa values are scaled by 1e18.

Collateral Factor

The percentage of a supplied asset's value that counts as borrowing power. Set per market.

If collateralFactor = 0.75e18 for USDC, then every $1 of USDC supplied provides $0.75 of borrowing power.

// Query
function markets(address mToken) external view returns (bool isListed, uint collateralFactorMantissa)

// Admin setter
function _setCollateralFactor(MToken mToken, uint newCollateralFactorMantissa) external returns (uint)

Maximum: 0.9e18 (90%). Stored in the Market.collateralFactorMantissa field.


Close Factor

The maximum percentage of a borrower's debt that can be repaid in a single liquidation transaction.

// Query
function closeFactorMantissa() public view returns (uint)

// Admin setter
function _setCloseFactor(uint newCloseFactorMantissa) external returns (uint)

Typical range: 0.05e18 (5%) to 0.9e18 (90%). Note: the setter performs an admin check only - range validation is not enforced on-chain.


Liquidation Incentive

The bonus that liquidators receive on seized collateral, expressed as a multiplier. A value of 1.1e18 means liquidators receive a 10% discount on the collateral they seize.


Price Oracle

The oracle contract used to determine asset prices for collateral calculations. The Comptroller queries the oracle when calculating account liquidity.


Borrow Cap

The maximum amount of underlying tokens that can be borrowed from a specific market. A value of 0 means there is no cap.

Can be set by the admin or the Borrow Cap Guardian.


Supply Cap

The maximum amount of underlying tokens that can be supplied to a specific market. A value of 0 means there is no cap.

Can be set by the admin or the Supply Cap Guardian.


Reward Distribution

Rewards are distributed via the MultiRewardDistributor contract, which supports multiple reward tokens with independent supply-side and borrow-side emission rates per market.

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