MeridxBSC testnet
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How it works

Tax fills a pool. Holders borrow from it. Loans come back or burn.

Tax fills the pool

Interest stays in the pool and pays no cut.

EVERY TRADE2% TAXVAULTPOOL 97%PLATFORM 3%

What you can borrow

The smallest of five limits wins.

Loanof collateral value
30%
One loanof pool assets
5%
All open loansof pool assets
50%
Lent in 24 clock hoursof pool assets
20%
Open loans + recent defaultsof locked pair reserve
10%

The price clock

Your tokens are valued at the lower of the exit and the lending price.

  1. Listedtrades on PancakeSwap V2
  2. Clock startsat the first sync or poke
  3. +1 hourhourly average
  4. +1 dayfirst reference, lending opens

Reference: first 25% of the daily average, never above the listing price. Then up to +5% per daily close.

30
3%
listingclose 30
  • Market
  • Reference
  • Lending price
  • Lending closed
Market
2.43x
Reference
1.04x
Valued at
43% of market

At this pace the reference meets the daily average after 74 closes.

Move the sliders with JavaScript on.

Repay or settle

Nothing is ever sold. A settled loan burns its collateral.

BORROW+1 DAY+2 DAYS+3 DAYSMIN 1 DAYTHEN EVERY STARTED HOUR
10% a year, charged by the hour after the first day.
REPAY ANY TIME UNTIL SETTLED1 TO 30 DAYS1 DAYDUESETTLEREPAID: COLLATERAL BACKSETTLED: 99% BURNED, 1% TO THE SETTLER
The settler can be anyone, the borrower included.
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