openABX
mainnet

Earn from liquidations

Deposit ABD into one of four discount pools (5, 10, 15, 20%). When a vault’s CR falls below 200%, pools absorb the debt in ascending-discount order and receive ALPH at a premium equal to their discount.

Total ABD in pools

ABD

ALPH / USD

via DIA xMarket, 30 s refresh

AuctionManager

29YL53teVrvK2o4P2cVej8aCGN7iQS8mE86bgxA2oFWa3

Explorer ↗

5% discount

Pool 5
TVL
Bid-success fee
0.5%
Close-bid fee
0.5%
Priority
First

Every 1 ABD deposited → 1.05 USD of ALPH at liquidation time, minus the bid-success fee.

10% discount

Pool 10
TVL
Bid-success fee
1.0%
Close-bid fee
0.5%
Priority
Mid

Every 1 ABD deposited → 1.10 USD of ALPH at liquidation time, minus the bid-success fee.

15% discount

Pool 15
TVL
Bid-success fee
1.5%
Close-bid fee
0.5%
Priority
Mid

Every 1 ABD deposited → 1.15 USD of ALPH at liquidation time, minus the bid-success fee.

20% discount

Pool 20
TVL
Bid-success fee
2.0%
Close-bid fee
0.5%
Priority
Last

Every 1 ABD deposited → 1.20 USD of ALPH at liquidation time, minus the bid-success fee.

Deposit, withdraw, claim

5% pool

fee 0.5%

10% pool

fee 1.0%

15% pool

fee 1.5%

20% pool

fee 2.0%