Whitepaper
  • Meme Finance
  • Introduction
    • Why mefi?
    • Project Criteria
  • mefi Ecosystem
    • Dapp
      • Borrowing Periods
      • Minimum / Maximum Loan
      • Collateral Valuation
      • Interest Rates
      • Liquidation
    • Supported Tokens
      • Zero Tax
      • Buy/Sell Tax
      • Buy/Sell/Transfer Tax
    • $mefi Token
    • FAQs
  • What's to Come
    • Price-Based Liquidation
    • ETH Lending
    • DAO
  • Links
    • Website
    • Dapp
    • Contract
    • Twitter
    • Telegram
    • Medium
    • CoinGecko
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On this page
  • $mefi Holders
  • Non-$mefi Holders
  1. mefi Ecosystem
  2. Dapp

Collateral Valuation

An explanation of how much ETH you will receive for your collateral.

$mefi Holders

Eligible $mefi holders will be able to borrow ETH at 75% of the collateral's valuation.

Eligibility is determined by the amount of $mefi tokens held by the user, which is detected by our smart contract as soon as the user connects to the dapp.

Non-$mefi Holders

Unless indicated otherwise on the dapp, non-holders will receive ETH at 40% of their collateral’s valuation for the 12-hour time period, 20% for the 24-hour time period, 35% for the 2-day period and 20% for the 4-day period.

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Last updated 2 years ago