Risk Parameters per Asset

Each asset in the Bonzo Finance protocol has configurable risk parameters, which influences how they are supplied and borrowed. The calibration of the parameters will be conservative as the protocol launches, to ensure safety, and become more aggressive as the Bonzo Finance ecosystem matures with educated users, greater liquidity, and a thriving liquidation ecosystem.

The table below offers a summary of the latest risk parameters per asset:

Asset	Loan-to-Value (LTV)	Liquidation Threshold	Liquidation Bonus	Reserve Factor	Borrow Cap
$HBAR	62.72%	67.98%	1.98%	11.68%	13,493,843
$HBARX	62.98%	68.28%	1.18%	14.58%	25,712,671
$USDC	80.45%	83.50%	7.40%	10.40%	1,257,182
$SAUCE	62.41%	68.04%	3.95%	14.60%	4,085,167
$XSAUCE	61.83%	67.59%	3.95%	12.86%	20,768,560
$KARATE	30%	41.00%	3.46%	19.60%	457,526,473
$DOVU	30%	43.50%	6.66%	17.25%	259,530,259
$PACK	30%	43.00%	6.91%	12.97%	1,814,378
$HST	30%	48.00%	6.17%	15.22%	20,294,813
$STEAM	30%	43.00%	8.14%	13.88%	20,879,107

The table above results from the asset risk assessment relating to security, governance and the markets. Tokens with high risk exposure to single counter-parties cannot be used as collateral.

Risk Parameter Changes

When market conditions change, risks change; Bonzo Finance is continuously monitoring the assets integrated into the protocol, which sometimes requires quickly adapting the risk parameters. The table below tacks parameter changes over time.

Date	Asset	Parameter Changed	From	To
12/14/2024	$USDC	Borrow Cap	1,005,373	1,017,153
12/16/2024	$USDC	Borrow Cap	1,017,153	691,146
12/18/2024	$HBAR $HBARX $USDC $SAUCE $XSAUCE $KARATE $DOVU $PACK $HST $STEAM	Borrow Cap	9,268,465 14,975,362 691,146 2,455,823 13,917,964 117,808,061 89,258,923 873,709 12,065,370 5,585,154	12,696,906 23,338,766 713,273 4,751,002 20,411,784 98,497,690 101,194,454 811,403 8,458,395 7,389,362
12/20/2024	$HBAR $HBARX $USDC $SAUCE $XSAUCE $KARATE $DOVU $PACK $HST $STEAM	Borrow Cap	12,696,906 23,338,766 713,273 4,751,002 20,411,784 98,497,690 101,194,454 811,403 8,458,395 7,389,362	13,147,016 23,934,448 745,902 5,440,193 20,566,527 170,317,292 101,344,300 812,343 8,454,396 7,801,459
12/23/2024	$USDC	Borrow Cap	745,902	1,335,740
12/27/2024	$HBAR $HBARX $USDC $SAUCE $XSAUCE $KARATE $DOVU $PACK $HST $STEAM	Borrow Cap	13,147,016 23,934,448 1,335,740 5,440,193 20,566,527 170,317,292 101,344,300 812,343 8,454,396 7,801,459	12,874,870 23,930,116 696,641 5,020,146 21,258,578 456,725,925 251,807,558 1,928,615 20,254,780 19,076,860
1/8/2025	$HBAR $HBARX $USDC $SAUCE $XSAUCE $KARATE $DOVU $PACK $HST $STEAM	Borrow Cap	12,874,870 23,930,116 696,641 5,020,146 21,258,578 456,725,925 251,807,558 1,928,615 20,254,780 19,076,860	13,493,843 25,712,671 1,257,182 4,085,167 20,768,560 457,526,473 259,530,259 1,814,378 20,294,813 20,879,107
1/13/2025	$KARATE $DOVU $PACK $HST $STEAM	Loan-to-Value (LTV)	0.01% 0.01% 0.01% 0.01% 0.01%	30.00% 30.00% 30.00% 30.00% 30.00%
1/13/2025	$KARATE $DOVU $PACK $HST $STEAM	Liquidation Threshold	0.02% 0.02% 0.02% 0.02% 0.02%	41.00% 43.50% 43.00% 48.00% 43.00%