PerlinX Synthetic Asset Guide

This guide explains the few important values you need to know and shows you how to interact with the UMA protocol and using PerlinX.

Glossaries
Token Symbol: Symbol of the synthetic asset
Liquidation Ratio (Collateral Requirement): The value ratio of synthetic asset/collateral in USD to maintain. 
If the collateral ratio falls below the collateral requirement, the token sponsor can lose all their collateral.

Minimum Sponsor Token: The minimum amount of synthetic token a sponsor must owe against the protocol. This includes the balance after minting or partial liquidation.
Global Collateralization Ratio (USD): The current USD ratio of synthetic asset/collateral.
Global Collateralization Ratio (Token): The number of tokens ratio of synthetic asset/collateral.
Expiry: When the synthetic asset will expire and all token holders can redeem the synthetic asset for the underlying collaterals.  
Guides
​Minting Synthetic Assets​
​Adding Collateral​
​Withdrawing Collateral​
​Redeeming Assets (before expiry)​
Liquidating under-collateralised positions
Disputing invalid liquidations

PerlinX Stake and Rewards Guide

Minting Synthetic Assets

Last updated 3 months ago