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%
gmBTC
0.80
0
gmETH
0.80
0
gmSOL
0.75
0
USDC
0
1
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
Last updated