Loads A, discounts and the oracle price into the fields below. Snapshot from fetch_markets.py.

Picking a market abstracts its whole book into one max-LTV borrower. Debt: LLV2 → the market's borrow_cap (the worst case the market permits); LLV1 has no cap → the actual on-chain total_debt at snapshot time; dust/empty markets fall back to $500k. Collateral: the minimum that can legally carry that debt — the market's max LTV is probed from the engine (/debtcap with the market's A, loan_discount, 4 bands), collateral = debt / maxLTV, then the debt is clamped against the exact cap re-probed at that size (band rounding is not perfectly scale-free). The borrower therefore sits exactly at max LTV. Both fields stay editable after a pick.

On = llamma-simulator anchoring: soft-liq starts a hair below the start spot for ANY A (zero cushion, worst-case landing; kills the grid-phase lottery). Off = on-chain max-LTV placement.

max LTV —

wei-exact vs on-chain get_dy.

Pair-only TriCRV TVL, 21:10 UTC.

An external arb bot with infinite depth at the market price keeps the venue at spot; all liquidation flow routes THROUGH the venue and pays its slippage.

A = A_raw × 40,000

Horizon = start + duration + end.

Health oracle = EMA of the VENUE's spot (the pool is what on-chain oracles read), seeded at start spot.

Settlement threshold. Soft-liq always on.

On = on-chain rule (Controller.vy L1099-1100: the whole get_x_down, band-crvUSD included, is scaled by 1−discount). Off = band-crvUSD counts at par in the liquidation trigger only (settlement always burns it 1:1 either way).

Stored in this browser.