Gloop Protocol Parameters

GMI Parameters

Currently Supported Index Tokens

  • gmBTC

  • gmETH

  • gmSOL

  • gmUSDC-USDT-SWAP

The bottom of the main GMI page displays live target token weights and deposited amounts of the assets that make up the index.

Index Fees

  • Min Fee: 0.33%

  • Base Fee: 0.6%

  • Base Tax: 1%

  • Reflection (% of fees reflected back into Index): 60%

  • Protocol Fee Ratio (% of fees going to protocol): 40%

GM Lending/Looping Parameters (Coming Soon)

Lending Pool

Main Pool Parameters

  • Minimum Health Factor: 100% (1e18)

  • Liquidation Bonus: 5%

Asset
Lending Factor
Supply Cap
Borrow Factor
Borrow Cap

gmBTC

0.80

4000000

0

0

gmETH

0.80

4000000

0

0

gmSOL

0.75

4000000

0

0

USDC

0

12000000

1

11000000

Pool Fees

  • USDC Depositors/Lenders: Borrowing Fees (accrued interest, see below) - Gloop Stakers Yield - Total Reserves Portion

  • Gloop Stakers Yield: 20% of accrued interest (customizable, 45% max hardcoded)

  • Total Reserves Portion: 10% of accrued interest (customizable)

GM Interest Rate Model

  • Vertex Utilization: 70%

  • Minimum Borrow Rate: 10%

  • Vertex Borrow Rate: 25%

  • Maximum Borrow Rate: 40%

GM Price Oracles

  • Arbitrum Sequencer Grace Period: 1 hour (hardcoded)

Note: If the Arbitrum Sequencer goes down, then comes back online, oracle calls will revert until the Sequencer has been up and stable for 1 hour.

GM Points Program

  • Minimum USDC deposit amount to earn points: 100 USDC

  • Lending USDC: 2 points per dollar coin per day

  • Borrowing USDC: 1 point per dollar coin per day

  • Point Boost for Staking: See the GM Points Earning System page for boost details

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