Minting Ratio Logic

Both collateral modules derive gross slisBNBx from BNB-equivalent collateral value. Before final distribution, two sequential adjustments are applied:

  1. Collateral discount

  2. Lista DAO performance fee

Step 1: Collateral Discount

Collateral Module
Discount Rate
Effect

slisBNB (via SlisBNBProvider)

0%

Full BNB-equivalent value is used as mint base.

slisBNB/BNB LP (via SmartProvider)

0.2%

LP BNB-equivalent value is multiplied by 0.998 before fee.

Step 2: Performance Fee (Lista DAO)

Collateral Module
Performance Fee
Fee Basis

slisBNB (via SlisBNBProvider)

3%

Applied to full BNB-equivalent value.

slisBNB/BNB LP (via SmartProvider)

1.8367%

Applied to discounted (0.998x) BNB-equivalent value.

Formula

slisBNB module

gross slisBNBx = slisBNB deposited x slisBNB/BNB exchange rate
Lista fee      = gross slisBNBx x 3%
user slisBNBx  = gross slisBNBx x 97%

slisBNB/BNB LP module

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