Collateral Factor

A sToken's collateral factor can range from 0-90%, and represents the proportionate increase in liquidity (borrow limit) that an account receives by minting the sToken.

Generally, large or liquid assets have high collateral factors, while small or illiquid assets have low collateral factors. If an asset has a 0% collateral factor, it can't be used as collateral (or seized in liquidation), though it can still be borrowed.

Collateral factors can be increased (or decreased) through Strike Governance, as market conditions change.

Comptroller

function markets(address sTokenAddress) view returns (bool, uint, bool)
  • sTokenAddress: The address of the sToken to check if listed and get the collateral factor for.

  • RETURN: Tuple of values (isListed, collateralFactorMantissa, isStriked); isListed represents whether the comptroller recognizes this sToken; collateralFactorMantissa, scaled by 1e18, is multiplied by a supply balance to determine how much value can be borrowed. The isStriked boolean indicates whether or not suppliers and borrowers are distributed STRK tokens.

Solidity

Comptroller troll = Comptroller(0xABCD...);
(bool isListed, uint collateralFactorMantissa, bool isStriked) = troll.markets(0x3FDA...);

Web3 1.0

const troll = Comptroller.at(0xABCD...);
const result = await troll.methods.markets(0x3FDA...).call();
const {0: isListed, 1: collateralFactorMantissa, 2: isStriked} = result;

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