Lenen Protocol
  • 🌏Lenen Protocol
    • 🌊Overview
    • πŸ†•Innovation
  • Lenen Basics
    • πŸ”„Interact Process
    • 🌠Tokenomics
    • 🀝DAO
    • πŸ—ΊοΈRoadmap
    • ✨Participants
    • πŸ«‚Partners
  • Core Function
    • β˜€οΈSupply
    • πŸ’±Withdraw or Borrow
    • 🏦Borrow Collateralization
    • πŸ€–Liquidation
  • proper indicator
    • πŸ’°Absorb
    • πŸ’΅Buy Collateral
    • πŸ’²Ask Price
    • πŸ’³Liquidator Points
    • Reserves
      • πŸŽ’Get Reserves
      • 🎯Target Reserves
  • system
    • Account Management
      • πŸ’ΈAllowance
      • πŸ“²Transfer
    • VRC-20 Approve Manager Address
  • Others
    • πŸ’°IDO
    • ❓FAQ
      • Deposites
      • Borrow
      • Liquidation
      • IDO
    • πŸ“–Public Beta Guidline
    • πŸ”Security
    • πŸ‘€Bug Bounty
    • 😊Contact Us
Powered by GitBook
On this page
  1. proper indicator

Ask Price

In order to repay the absorbing account's borrowing, the protocol needs to sell the seized collateral. The ask price is the price (configured by governance) of the asset to be sold at a discount. This function uses the price returned by the protocol's price feed. The asset's discount is derived from the StoreFrontPriceFactor and the asset's LiquidationFactor using the following formula.

PreviousBuy CollateralNextLiquidator Points

Last updated 2 years ago

πŸ’²