Tranquil Finance
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Protocol Info

Markets

TqToken
Contract Address
Collateral Factor
Reward Emissions
tqONE
0x34B9aa82D89AE04f0f546Ca5eC9C93eFE1288940
65%
0.07 TRANQ / second
tqstONE
0x973f22036A0fF3A93654e7829444ec64CB37BD78
65%
0.07 TRANQ / second
tq1WBTC
0xd9c0D8Ad06ABE10aB29655ff98DcAAA0E059184A
75%
0.08 TRANQ / second
tq1BTC
0x481721B918c698ff5f253c56684bAC8dCa84346c
50%
0.01 TRANQ / second 0.03 ONE / second
tq1ETH
0xc63AB8c72e636C9961c5e9288b697eC5F0B8E1F7
75%
0.08 TRANQ / second
tq1USDC
0xCa3e902eFdb2a410C952Fd3e4ac38d7DBDCB8E96
80%
0.08 TRANQ / second
tq1USDT
0x7af2430eFa179dB0e76257E5208bCAf2407B2468
80%
0.04 TRANQ / second
tq1DAI
0x49d95736FE7f1F32E3ee5deFc26c95bA22834639
80%
0.02 TRANQ / second

Interest Rate Model

The interest rate model for all are derived from the triple slope rate model used by CREAM Finance. The interest rate increases linearly as a function of market utilization, but it jumps drastically close to maximum utilization. This spike in interest rates heavily incentivize users to add more liquidity to the market and borrowers to repay their loans.
Used by the ONE, 1WBTC, and 1ETH markets.
Used by the 1USDC and 1USDT markets.

Liquidations

All borrow positions that exceed the borrow limit of their collateral can be liquidated in order to defend the assets deposited with Tranquil Finance. An 10% (5% to liquidator, 5% to protocol) discount will be applied to the liquidated position, which incentivizes both borrowers to be mindful of their leverage and liquidators to promptly close shortfalls. For the stONE market, all 10% will accrue to the liquidator.
Liquidating underwater positions is a function that is available to everyone, and we encourage the community to help us maintain the health of the protocol. Users can make a profit for each position they help liquidate.
You can use our liquidation tool at https://app.tranquil.finance/liquidity.

Reward Emissions

Pool
TRANQ / block
xTRANQ
1.58 TRANQ
Sushiswap TRANQ/ONE LP Token
0.238 TRANQ
Locked TRANQ Staking
0.159 TRANQ
Flexible TRANQ Staking
0.103 TRANQ
Community Faucet
0.005 TRANQ