Liquidation
Collateral can be sold down to 85% of its market price, or 70% if no one bids, plus a penalty. What is left comes back. Demo →
Zyn
Portfolio
Zyn Lend
Markets
Lend ZEC, ETH, SOL or BOLD, or borrow one against another.
- Supplied
- —
- Borrowed
- —
- Positions
- sealed
- Epoch
- —
Liquidation auctions
Every bid in an epoch pays the same price. Demo
Price checks
Borrowing in a pair pauses when its Zyn pool and the posted price differ by over 5%.
Risks
Bad debt
Losses from a bad loan are shared by lenders.
Privacy
Others on the chain can't see positions. The operator can.
Zyn Lend
Liquidation demo
Recorded from the ledger code with scripted ETH prices. Left: the borrower's wallet. Right: what the chain publishes.
Bob's wallet
What everyone sees
Positions
Others on the chain can't tell positions are yours; the operator can.