Fuel
Last updated
Last updated
Creators can choose to borrow their initial liquidity within the ranges specified below.
Free user:
0.5 - 1 ETH
VIP user:
0.5 - 5 ETH
The Fuel + Interest can be repaid in a few ways:
If a is met, Base Terminal will automatically remove enough liquidity to payback the amount owed. The tokens received from removing liquidity are then burned.
If the Token is a , the taxes firstly go towards paying back the amount owed. Once repaid the taxes configured by the creator come into place.
The amount owed can be manually repaid on the token's page on
If the amount owed is not repaid within 7 days of the token being created (or from the scheduled deployment date), Base Terminal will automatically remove enough liquidity to retrieve the amount owed (if possible). This can be risky for projects if it reaches this point as it could result in most/all of the liquidity being removed.
A repayment threshold is a level (chosen by the creator) which represents how many multiples the LP tokens has to be worth before Base Terminal automatically reclaims the amount borrowed + interest.
2x
25%
3x
50%
4x
75%
5x
100%
For example if a project borrows 1 ETH and choses a 2x repayment threshold. Once the LP tokens are worth 2 ETH + X amount of tokens. Base Terminal will clawback 1.25 ETH (amount borrowed + interest). The X amount of tokens received will be burned.
Once repaid, the LP tokens held by the Base Terminal smart contract will be locked for the specified by the creator.