An order is a either a lender's Offer or a borrower's Request to take one side of a loan within a set of parameters.

Assets backing an order are held at port. An Order can be created at no cost by signing a standardized message containing the order details.

The Bookkeeper will then verify the signature and create a mutually valid position.

Order Parameters

  • Order type (Request or Offer)

  • Accepted loan assets

  • Accepted collateral assets

  • Allowed Fillers

  • Max loan duration

  • Minimum collateralization Ratio

  • Plugins

  • Borrower config (if Request)

    • Initial collateralization ratio

    • Leverage plugin parameters

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