Dashboard Metrics Explained
Last updated
Last updated
The Bonzo Finance dashboard provides users with essential information about their lending and borrowing positions. Here's an overview of these metrics:
Loan Health Monitor Bar
This bar represents the overall health of all current positions combined. It displays a user's current loan-to-value (LTV) ratio at the top. Using a bar graph representation, the loan health monitor visualizes the overall health of user positions with four distinct regions: 🟢 Safe Zone LTV: Well collateralized (low risk). 🟡 Warning Zone LTV: Approaching borrowing limit (medium risk). 🟠 Danger Zone LTV: Exceeded borrowing limit (high risk). 🔴 Liquidation Zone LTV*: Eligible for liquidation. *If the loan health bar is in the 🔴 Liquidation Zone LTV it's likely that collateral is in the process of being liquidated already.
Borrow Power
This figure represents the maximum amount a user can borrow based on their supplied collateral. It fluctuates with market conditions, including the value of both supplied collateral and borrowed funds.
Net APY
This percentage shows a user's net earnings or costs from using the platform. It combines the interest earned from lending assets with the interest paid for borrowing assets. A positive number means a user is earning more interest than they are paying.
Health Factor
A crucial metric for borrowers, the Health Factor indicates how close your position is to being liquidated. The higher this number, the safer your position. If it approaches 1, you're at risk of liquidation.
Loan-to-Value (LTV)
This percentage indicates how much value a user has borrowed, relative to the value supplied as collateral. For example, if a user has supplied $1,000 worth of assets as collateral and borrowed $500 worth of assets, their current LTV would be 50%.
Liquidation LTV
This is the maximum LTV a user's position(s) can reach before being susceptible for liquidation. If a user's current LTV reaches this threshold, their collateral may be liquidated to repay their loan.
Users should regularly monitor their Health Factor. If it's decreasing, users should consider repaying some of their loan(s) or supplying more assets as collateral.
Use Borrow Power wisely — just because a user can borrow more, doesn't always mean they should.
Users should aim to keep loan-to-value (LTV) comfortably below the Liquidation LTV to maintain a safe position to prevent liquidations.
Net APY is an aggregate APY that combines all supply & borrow position APYs to determine an aggregate APY. A positive Net APY means that a user is earning more than they're paying in interest.
Net APY does not factor in supplemental liquidity incentives (APYs with a ✨ next to them) or the usage of borrowed funds across other DeFi platforms outside of Bonzo Finance.
