ETHS and ETHC
Last updated
Last updated
ETHS are designed as low-volatility stablecoin assets collateralized by on-chain native assets. In contrast to stablecoins pegged to the US dollar, they offer the advantages of decentralization, high capital efficiency, and strong scalability.
ETHC is designed to absorb the main volatility of ETH, so it can be seen as a leveraged derivative of ETH. Unlike other ETH derivatives on the market, ETHC itself has significant advantages, such as low fees and low risk of liquidation. It is suitable for users who have a long-term optimistic view of ETH's development.
It can calculate the leverage of EHTC as
Therefore, in the normal operations of Mori Protocol, ETHC leverage should be at the range of 1X-4X.