To provide stable services and fair risk management, we apply the following market price standards.
1. Evaluation price standard
The lending ratio, lending limit, collateral assets, and value of loaned assets are calculated by applying the appraised price to prevent unfair forced repayment due to short-term sudden fluctuations.
- The evaluation price is the exponential moving average (EMA) price calculated based on the Upbit price.
- Exponential moving average is a method of calculating the average by weighting the price over a certain period of time, thereby mitigating the impact of sudden price fluctuations.
- The lending ratio and mandatory repayment are all calculated based on the assessed price.
Applicable items
- Lending ratio calculation
- Determination of forced repayment
- Rental limit calculation
- Calculation of collateral and loan asset value
2. Based on execution price
In the event of redemption or forced repayment, the market price at the time of execution is applied to the transaction and settlement of actual assets to reflect market conditions.
- Current price of collateral and loan assets
Applicable items
- User fee calculation
- Forced repayment fee calculation
- Return of collateral assets in case of full/forced repayment
- Counter-sale and settlement following forced repayment