High Efficiency Mode
E-Mode
Overview
The E-mode feature allows users to maximize capital efficiency when collateral and borrowed assets share similar price movements. For example, gcKLAY and stKAIA are all tokens pegged to the KAIA and are categorized together under the same E-mode. When you supply stKAIA in E-mode, you gain higher collateralization power, enabling you to borrow more assets like KAIA.
Note: E-mode is limited to borrowing assets within the same category (e.g., stablecoins).
Using E-mode
E-mode is a specialized feature that enhances your borrowing capacity for correlated assets while still allowing you to use other assets as collateral under standard conditions. Assets outside the E-mode category will retain their normal Loan-to-Value (LTV) and liquidation parameters.
Entering E-mode
Access the Dashboard:
Navigate to the dashboard and locate the “Your Borrows” section.
Enable E-mode:
Click on the dropdown menu under “Your Borrows” and select the “Enable E-mode” button.
Initially, the status will show as “E-mode Disabled.” Click “Enable E-mode” and follow the instructions in the pop-up window.
Enhanced Borrowing Power:
Once enabled, your borrowing power will increase, allowing up to 9% LTV for assets within the same E-mode category, such as stablecoins.
Exiting E-mode
Disable E-mode:
To exit E-mode, go back to the “Your Borrows” section and select “Disable E-mode” from the dropdown menu.
Follow Instructions:
Follow the prompts in the pop-up to successfully exit E-mode and revert to normal collateral and borrowing settings.
Benefits of E-mode
Increased Borrowing Power: Enjoy up to 93% LTV when borrowing assets within the same E-mode category.
Flexible Collateral Usage: Continue to use assets outside of the E-mode category as collateral under normal LTV and liquidation conditions.
Important: Borrowing in E-mode is limited to assets within the same category (e.g., stablecoins). Exiting E-mode will revert your borrowing capacity to standard settings.
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