High Efficiency Mode (E-Mode)
This page discusses how to increase your capital efficiency on ZeroLend with E-Mode.
Last updated
This page discusses how to increase your capital efficiency on ZeroLend with E-Mode.
Last updated
E-Mode, or High-Efficiency Mode, empowers borrowers to maximize their borrowing capacity by using correlated assets within the same category, such as stablecoins, as collateral. For instance, supplying $USDC in eMode allows for enhanced collateralization power when borrowing $ONEZ.
In E-Mode, ZeroLend classifies assets based on:
Loan-to-Value (LTV): Higher LTV enables borrowers to access more funds relative to collateral value within the same category. E-mode allows for LTV ratios of up to 97%.
Liquidation Threshold: This is the minimum collateral amount needed to avoid liquidation, offering borrowers greater control over risk exposure.
Liquidation Bonus: Borrowers receive rewards for early loan repayment in eMode, encouraging responsible borrowing behavior.
E-Mode doesn't restrict the use of other assets as collateral; assets outside the eMode category can still be supplied with normal LTV and liquidation parameters.
Select "Dashboard" from the top navigation panel.
Locate the E-Mode "Disabled ⚙️" button beside "Your Borrows" and click on it.
Click 'Enable E-Mode.'
Under Transaction Overview,' you will see all the assets you can borrow. Example: "All Assets → USDC, USDT," which suggests that you can borrow stablecoins like USDC and USDT when E-Mode is enabled.
Click on the 'E-Mode' category you have enabled.
Click on 'Disable E-Mode.'