Sumer.Money
  • Sumer.Money: The Most Capital Efficient Blockchain Liquidity Infrastructure
  • KEY PREMISE
    • The Future is Multichain
    • Sumer - the most capital efficient Liquidity Infrastructure
      • Sumer's Capital Efficient unified liquidity pool
      • Sumer Synthetic Assets as Money Multipliers
  • SUMER POINTS PROGRAM - A Call for the Tribe
    • Introduction
    • Points Based Program
    • NFT Based Program
    • Sumer Partner Program — Meter Points
    • FAQs
  • Sumer Lending and Borrowing Market
    • Introduction
    • Asset Group Classification
    • Collateral Rate by Asset Group
      • Understanding the applicable mint limit
    • Deposit Native Assets
    • Mint SuTokens
    • Borrow Native Assets
    • Repay SuToken Liability
    • Repay Borrowed Native Assets
    • ​Interest Rate Model
      • Standard Model
      • Jump (Kink) Model
    • Redeem SuTokens
    • Liquidation Mechanism
    • Risk Management
  • Tokenomics
    • Token Distribution
  • Definitions
  • Frequently Asked Questions
    • Sumer Protocol
    • Deposit Market
    • Minting Synthetic Assets (SuTokens)
    • Borrowing Market
    • Liquidation
  • TUTORIALS
    • How to Deposit assets
    • How to Collateralize Tokens
    • How to Mint SuTokens
    • How to Borrow assets
    • How to Stake Sumer LP tokens into Liquidity Program
    • How to stake Sumer Tokens into veSumer Program
  • SECURITY
    • Audits
  • PROTOCOL PARAMETERS
    • SUMER Money Market
  • DEVELOPERS
    • Smart Contracts
    • sdr Tokens
    • Price Feeds
      • RedStone Price Feeds on Zklink Nova
      • Pyth Price Feeds on Meter
      • Chainlink Price Feeds on Arbitrum
      • Chainlink Price Feeds on Base
  • GOVERNANCE
    • Introduction
Powered by GitBook
On this page
  • Multiple Collateral Assets
  • Partial Repayment
  • Mint Interest
  • Exit Fee
  • SuToken Circulation

Was this helpful?

  1. Sumer Lending and Borrowing Market

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.

PreviousBorrow Native AssetsNextRepay Borrowed Native Assets

Last updated 9 months ago

Was this helpful?