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Argus 1.0.0-alpha.40

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@arkadianet arkadianet released this 06 Sep 11:05
· 41 commits to main since this release

Installs over alpha.11–alpha.39 — same signing key, wallet data preserved.

Duckpools, in the terms the contract liquidates on

alpha.39 expressed a loan's safety as "health", a scale where 100% meant the threshold. That hid the number people know. Everything now speaks in the collateral ratio (collateral value over the debt) against the pool's liquidation threshold (140% on the SigUSD pool; 125% or 150% on the ERG pool's token collaterals), the same terms Duckpools' own site uses.

  • Loan card: "280% collateral" with a bar from the threshold to three times it and the alert ratios marked; the liquidation price of one unit of collateral and how far the price can fall; the penalty as a share of the collateral; interest so far and the monthly cost at today's rate; the date the loan is called whatever the price; how much collateral would take the loan to a comfortable ratio; and a "what if the price moves" slider answering in ratio.
  • Borrowing, the way the site frames it: the loan first, with a Max button for what the wallet can actually lock; a collateral ratio to open at (Minimum, 200%, 300%, or a custom figure); the collateral to lock computed and still editable; a line saying how far the price can fall at that ratio; and a loan beyond what is spendable refused with both figures named. The minimum ratio is checked on what the quote would really open at, fees and price impact included.
  • Pool cards state the liquidation threshold, the penalty, and how much can be borrowed per unit of collateral value. Alerts name the ratio and the threshold.

⚠️ Still not device-tested

No loan has been opened from Argus on a phone yet. The check that matters: a loan's ratio and threshold on its card should match the same loan on duckpools.io.