Stability Pool
Liquidation insurance pool where ALUD depositors earn collateral gains and OEC rewards.
Address (Sepolia): 0xB61a71C78e10C0C92e2dFF457C9F87dC71260c43
Overview
The Stability Pool absorbs debt from liquidated troves. In return, depositors receive the liquidated collateral (at a discount) and earn OEC governance token emissions.
How It Works
Users deposit ALUD into the Stability Pool
When a trove is liquidated, the pool's ALUD is burned to cover the debt
The liquidated collateral is distributed pro-rata to all depositors
Since collateral is received at 110% ratio but valued at market price, depositors profit
OEC emissions are distributed continuously to depositors
User Functions
depositALUD(amount)
Deposit ALUD to the pool
withdrawALUD(amount)
Withdraw ALUD from the pool
claimCollateralGains()
Claim accumulated collateral from liquidations
claimOECRewards()
Claim accumulated OEC emissions
Read Functions
getStabilityPoolStats()
Total deposits, OEC balance/released
getUserStabilityPoolPosition(owner)
Deposit, gain tokens, gain amounts, pending OEC
Earnings
Stability Pool depositors earn from two sources:
Liquidation gains
WBTC/WETH/LINK
Pro-rata share of liquidated collateral
Protocol emissions
OEC
Continuous distribution from EmissionsVault
Net Positive: Even though your ALUD is burned during liquidations, you receive collateral worth more than the ALUD burned (because troves are liquidated at 110% ratio). The net result is typically a profit.
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