Monitor & Manage Your Collateral Balance and Existing Positions
The Portfolio tab on the Secured Finance platform is a comprehensive tool designed to help users effectively manage their digital assets. It provides a detailed overview of your financial position, including key metrics such as Net Asset Value, Active Contracts, Lending Present Value (PV), and Borrowing PV.
This feature provides a comprehensive overview of your financial activities on the platform and consists of the items below:
This displays the total value of your digital assets on the platform. It's calculated by adding the value of your active contracts and the value of your collateral.
Here, you can view all your active lending and borrowing contracts. This includes details such as the contract's maturity date, interest rate, and the amount of digital asset involved.
These metrics provide a snapshot of your lending and borrowing activities in terms of Present Value. They give you an idea of the current worth of your lending and borrowing contracts.
This section provides a detailed overview of your assets with Secured Finance's vault.
This feature displays the total value of the assets you've pledged as collateral on the platform. It's an important tool for managing your risk and ensuring that your loans are adequately backed.
This lists the specific assets you've pledged as collateral. It allows you to see at a glance what assets are backing your loans and to manage your collateral portfolio effectively.
These are your borrowed assets that are held under Secured Finance's Vault.
This feature shows the percentage of your collateral that's currently being used to back your borrowing contracts. It's a crucial metric for risk management, as it helps you ensure that you're not over-leveraged.
This feature provides an estimate of the risk that your collateral will be liquidated due to a drop in its value. It's a crucial tool for risk management, helping you to monitor market conditions and adjust your collateral if necessary to avoid liquidation.
This section provides a comprehensive view of your trading activities on Secured Finance.
This tab provides a detailed view of your current lending and borrowing positions. It includes information such as the contract's maturity date, interest rate, and the amount of digital asset involved.
Here, you can view all your current open orders. This includes details such as the order's price, quantity, and status (filled, partially filled, or unfilled).
This tab provides a historical record of all your orders. It allows you to track your trading activity over time and can be a useful tool for analyzing your trading strategy and performance.
This tab provides a record of all your transactions on the platform. It includes details such as the transaction type (order placement, order cancellation, etc.), the transaction date and time, and the transaction status.
Overall, the Portfolio Management tab is designed to give users full control over their assets and contracts. It's an essential tool for effective portfolio management on the Secured Finance platform, allowing users to make informed decisions about their digital assets.
Asset Backing for Loan Security
Collateral is an asset that borrowers pledge to back a loan. It acts as a safety net for lenders, giving them the assurance that borrowers have a strong reason to repay their loans. If a borrower defaults, the lender can seize the collateral to recover the outstanding loan amount. Collateral can take various forms, such as real estate, vehicles, or other valuable assets, but it's a cornerstone of secured loans. It often allows borrowers to enjoy lower interest rates due to reduced lender risk.
Collateral serves two main purposes in Secured Finance:
Risk Reduction: It reduces the risk of loan default. If a borrower's Loan-to-Value (LTV) ratio crosses a certain threshold, or if the collateral's value falls below the loan's required value, the loan becomes eligible for liquidation. This mechanism protects lenders and builds confidence in our platform.
Inclusivity: It eliminates the need for traditional credit checks, aligning with the DeFi ethos of open and inclusive financial services.
Secured Finance accepts various cryptocurrencies as collateral, tailored to each supported blockchain network to provide users with effective and flexible options.
We continue to support these collateral assets on Ethereum and Arbitrum:
Represents Bitcoin on Ethereum, allowing BTC holders to tap into Ethereum’s DeFi ecosystem.
Native asset of the Ethereum network, widely used for smart contracts and DeFi applications.
A stablecoin pegged to the US dollar, offering minimal volatility.
With the launch of the Filecoin Virtual Machine (FVM), Secured Finance now supports different collateral assets unique to this network:
Filecoin is the native cryptocurrency of the Filecoin network, a decentralized storage system aiming to "store humanity's most important information." FIL is used to pay for storage services and incentivize network participants. It can now be used as collateral on Secured Finance within the FVM network.
USDFC is a FIL-backed stablecoin minted through a Collateralized Debt Position (CDP) approach on the Filecoin Virtual Machine (FVM). By locking FIL as collateral, users can generate USDFC—maintaining a 1:1 peg to the U.S. dollar—without selling their underlying assets.
iFIL and pFIL are a liquid staking token for Filecoin. It represents staked FIL tokens and provides liquidity to users who stake their FIL. For example, by staking FIL through the GLIF platform, users receive iFIL tokens, which can be used as collateral on Secured Finance within the FVM network.
How to Obtain iFIL
To acquire iFIL tokens, follow these steps:
Stake FIL on GLIF: Visit the GLIF Staking Platform and stake your FIL tokens.
Receive iFIL: After staking, you will receive an equivalent amount of iFIL tokens.
Use iFIL as Collateral: Deposit your iFIL tokens into your Secured Finance portfolio on the FVM network to use them as collateral.
While WBTC, ETH, USDC, FIL, iFIL, pFIL, and USDFC are our current collateral options across supported networks, we continue to explore additional assets that align with our commitment to flexibility, security, and open DeFi principles. Stay tuned for updates on new collateral integrations and chain support as we further evolve the Secured Finance platform.
We are sunsetting support for Avalanche and Polygon zkEVM. Collateral options for those networks will no longer be active on Secured Finance Fixed Rate Lending Protocol.