Parameters

All current markets (enUSD, enCHF) share the same CDP parameters.

CDP

ParameterValueDescription
MAX_LTV_BPS8,500 (85%)Maximum loan-to-value for borrowing and withdrawing
LIQ_LTV_BPS8,800 (88%)LTV threshold that triggers liquidation
MIN_DEBT400 unitsMinimum debt per position (e.g. 400 enUSD, 400 enCHF)
DONATION_BPS300 (3%)Percentage of seized collateral donated to vault during liquidation
ORACLE_MAX_AGE24 hoursMaximum acceptable oracle price age

Buyout Premiums

LTV RangePremium
Below 60%9%
60% to 84.99%6%
85% to 87.99%4%

Direct Swap (enUSD)

ParameterValueDescription
Mint fee0%No fee on minting enUSD from USDC/USDT
REDEEM_FEE_BPS50 (0.5%)Fee on enUSD redemption, donated to vault

Direct Swap Generic (enCHF)

ParameterValueDescription
Mint fee0%No fee on minting enCHF from ZCHF
REDEEM_FEE_BPS50 (0.5%)Fee on enCHF redemption, burned
Scale1e12Decimal conversion factor (ZCHF 18 dec to enCHF 6 dec)

Savings

ParameterValueDescription
ANNUAL_RATE_BPS500 (5%)Fixed annual percentage rate
CLAIM_COOLDOWN24 hoursMinimum time between deposit and claim/compound
Supply capNoneNo limit on total staked

Oracle

ParameterValueDescription
STALE_CHAINLINK6 hoursChainlink ETH/USD rejected if older than this
STALE_REDSTONE24 hoursRedStone ETH/USD rejected if older than this
STALE_TRANSLATOR24 hoursTranslator feed (CHF/USD) rejected if older than this
Price scale18 decimalsAll prices normalized to 1e18

Token

ENNIenUSDenCHF
Decimals1866
Max supply21,000,000UnlimitedUnlimited
Minter slots333

MasterChef

ParameterValueDescription
MAX_POOLS8Maximum number of farming pools
MAX_CHEF_MINT20,000,000 ENNITotal mintable by MasterChef
Emission duration30 yearsFull schedule in Token section

Rewards Vault

ParameterValueDescription
Reward tokens3ENNI, WETH, enUSD
Share ratio1:1Shares equal ENNI deposited
Oracles Contracts