List of Glossary on LEVER:
APR: Depositing/borrowing/staking in LEVER gives rewards in LEV. The APR shown is a representation of how much of these rewards you would earn during a 1-year period.
APY: Annual Percentage Yield, which is the yield/interest after a year, which includes compounding interest.
LTV: Loan To Value, the maximum borrowing power of a specific collateral. If a collateral has a Loan to Value of 75%, for every 1 ETH worth of collateral the user will be able to borrow 0.75 ETH worth of principal currency. The Loan To Value is specified per collateral and expressed in percentage points.
Liquidation Threshold: The threshold of a borrow position that will be considered undercollateralized and subject to liquidation. If a collateral has a liquidation threshold of 80%, it means that the loan will be liquidated when the debt value is worth 80% of the collateral value. The liquidation threshold is specified per collateral and expressed in percentage points.
Liquidation Penalty: The penalty applied to a user when being liquidated. The penalty will be deducted from a user's collateral and will be rewarded to the liquidator. The Liquidation Penalty is specified per collateral and expressed in percentage points.
Risk Rate: Represents the ratio between total collateral multiplied by the liquidation threshold, and the borrowed principal. When the Risk Rate goes below 1, the loan is undercollateralized and will be liquidated.