Lighthouse Defi: New Beginnings

What Has The Team Been Up To?

Vision/Mission

Lighthouse Defi’s First Suite: Liquidations Module

New Liquidations Queue?

Current Liquidations Scheme for Anchor Protocol
  1. Lender deposits UST into Anchor Earn.
  2. Borrower deposits bAssets, but during a downturn, LTV → >60%.
  3. First liquidator to provide requisite UST to reduce LTV of Borrower below 60% “wins.” They are granted the Borrower’s bAssets at a discounted rate (premium) of their choosing.
  4. Lender is insured their UST deposit upon withdrawal via Liquidator’s provided UST.
Simplified View of the New Liquidations Queue
  1. Lender deposits UST into Anchor Earn
  2. Borrower deposits bAssets, but during a downturn, LTV → >60%.
  3. Liquidators place deposits into bidding “pools” organized by the lowest premium/discount rate first — priority’s granted to lower premium/bid pools where each fills on a queue basis. As a result, each ‘filled’ order receives Borrower’s collateral at the pool’s requested discount rate.
  4. Within a timeframe, these bids are then “activated” to fill/ensure the lender and the Liquidators that get “filled” win these respective collaterals at their desired discount rate.
  5. Lender is insured their UST deposit upon withdrawal via Liquidator’s provided UST.

Development Updates

How Will The Team Raise Funds?

Tell Us About The Other Suites?

Weekly Updates?

Are You Hiring?

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Lighthouse Defi

Lighthouse Defi

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Our mission is to offer a straightforward and intuitive platform where users are incentivized to interact with Defi markets, no strings attached.