User's Dashboard
At the Dashboard you can find all information regarding your Net worth, Net APY, Health factor, Supplied and Borrowed amount, the list of assets for supply and borrow. (screen)
Here is some information regarding the parameters:
Net Worth – The total value of your supplied assets minus your borrowed assets.
Example: If you supplied $10,000 in ETH and borrowed $4,000 in USDC, your Net Worth = $10,000 - $4,000 = $6,000.
Net APY (Annual Percentage Yield) – The overall interest rate considering both supplied and borrowed assets.
Example:
You earn 5% APY on your supplied ETH.
You pay 3% APY on your borrowed USDC.
If your supplied amount is larger than your borrowed amount, your Net APY is positive. Otherwise, it could be negative.
Health Factor – A measure of how safe your loan is based on your collateral and debt.
Formula: Health Factor = (Total Collateral * Liquidation Threshold) / Total Borrowed
Example:
You supply $10,000 in ETH with a Liquidation Threshold of 80%.
You borrow $5,000 in USDC.
Health Factor = (10,000 * 0.8) / 5,000 = 1.6.
If the Health Factor drops below 1, liquidation happens.
Supplied Amount – The total value of assets you have deposited into the protocol.
Example: You deposit 5 ETH and 1,000 USDC. Your Supplied Amount is the USD value of these assets.
Borrowed Amount – The total value of assets you have borrowed.
Example: You borrow 2,000 USDC, so your Borrowed Amount is $2,000.
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