Repay SuToken Liability

Users can repay the minted SuTokens to the Sumer Protocol up to the minted balance.

Multiple Collateral Assets

By default, if multiple assets are supplied as collateral to mint SuTokens, the collateral available for withdrawal will be the asset with lower Loan to Value.

Partial Repayment

Users can make partial repayment of their SuToken liability. On partial repayment, the SuToken liability will be non-zero and not all collateral is available for withdrawal.

However, there is no interest accrual as minting SuTokens has no interest cost.

Mint Interest

The protocol has the option to charge users' interest on minting while repaying the minted SuTokens.

The mint interest is set as 0% at the launch of the protocol.

Any changes to the mint interest will be made through the governance process.

Exit Fee

The protocol has the option to charge users an exit fee while repaying the minted SuTokens.

The exit fee is set as 0% at the launch of the protocol.

Any changes to the exit fee will be made through the governance process.

SuToken Circulation

Repayment of SuTokens is the burning of synthetic assets from circulation.