Asset Discount Ratio
Assets Discount Ratio:
Assets held in cross margin accounts are convertible to USD and utilized as margins. Given the fluctuating nature of currency markets, Drake computes the real USD value of each currency utilizing discount rates to mitigate market risks. The present discount rates for various currencies are detailed in the following table (subject to periodic adjustments based on actual market conditions by our platform):
AssetDiscount Ratio Version 1.0
| Asset | Tier (USD) | Discount Ratio |
|---|---|---|
BTC,ETH | 0~100,000 | 0.95 |
100,000 ~ 500,000 | 0.85 | |
500,000 ~1,000,000 | 0.75 | |
>1,000,000 | 0.00 | |
USDT,USDC,DAI | 0~200,000 | 1.00 |
200,000,~ 1,000,000 | 0.95 | |
1,000,000 ~2,000,000 | 0.90 | |
>2,000,000 | 0.00 | |
ARB | 0~50,000 | 0.80 |
50,000~250,000 | 0.60 | |
250,000~500,000 | 0.40 | |
>500,000 | 0.00 |