In addition to the Mandatory Whitelisting criteria, there are three different risk categories which are critical in assessing whether a token would be allowed as a collateral on the Bonq protocol:
Each individual risk category has a score that ranges from 0 to 100 and is calculated as a total sum of each evaluated sub-group. The risk category assessments are carried out by the Bonq DAO contributors using community templates and feedback and voted by the Bonq DAO members.
Each risk category must score a minimum of 50 to be considered by the Bonq DAO.
Market Risk Score decides the MCR and Borrowing Capacity for each token.
Last modified 5mo ago