glifio / infinity-pool-gov

A repo for governing the Infinity Pool
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[ENTRY REQUEST] #26

Closed chijr closed 4 months ago

chijr commented 4 months ago

Infinity Pool Entry Request

Testnet Agent Address / ID

(Please provide the Testnet Agent Address / ID)

Mainnet Agent Address / ID

(Please provide the Mainnet Agent Address / ID) f4 address: f410fjsnknyja3cwvnnrfbv5fgh3bxwovmyidpuiopma Agent GLIF ID: 97

Desired borrow amount

(Please tell us how much you intend to borrow, and over what time period) Total FIL is 89211, and more nodes will be added later. We want to borrow 70% of the total, with a duration of 1 year.

Sealing rate

(What is your miners sealing speed?) 72.27 TiB/D

Prerequisites

Contact info

(Email address) chijingruo@gmail.com
(Discord ID + tag)
(Twitter)
(Preferred communication channel)

Schwartz10 commented 4 months ago

@chijr this request has been approved. The quota will be bumped within the next couple hours

chijr commented 3 months ago

Debt-to-liquidation-value (LTV) 53.769% (must stay below 80%)
Debt-to-equity (DTE) 92.177% (must stay below 200%)
Debt-to-income (DTI) 26.097% (must stay below 25%)

Debt-to-income is above 25%, My Status is healthy?

Schwartz10 commented 3 months ago

Hey @chijr - we should probably improve the CLI to give a warning that you're over the DTI ratio. However, we only consider you "unhealthy" if you're losing significant power and/or getting close to 100% LTV - we'll reach out to you if your agent is in a dangerous state

As for the DTI - until this gets back under 25%, you wont be able to borrow, withdraw, or remove miners from your Agent. Best thing to do is either:

  1. Add more miners that have power and are earning block rewards
  2. Pay back some borrowed FIL to lower your principal

Feel free to keep commenting in this issue if you have any more questions. You can also reach out to me on telegram @jpschwartz or over email jonathan@glif.io too! Thanks for checking in