What is APY?

APY stands for Annual Percentage Yield. More information on APY can be found here.

What is loan-to-value (LTV)?

LTV = Loan / Collateral Value * 100%

What is 'current' loan-to-value (LTV)? Current LTV is your loan-to-value ratio as of the most recent state of the network that Moola is aware of.

What is 'new' loan-to-value (LTV)?

New LTV is a simulated loan-to-value ratio. It is intended to show you what your loan-to-value ratio would be if the current asset you've selected and quantity you've input were submitted as a transaction to the network and confirmed in a block. What is a collateral asset? A collateral asset is any asset that is being used as collateral for a loan. This means that it can be liquidated if your Health Factor drops below 100%. By default, all deposited assets are used as collateral.

What is a debt asset?

A debt asset is any asset that has been borrowed from Moola.