FAQ
Is any of this real money?
No. Sward runs on Robinhood Chain Testnet. Every token is minted from a faucet and has no market value. Treat it as a sandbox.
Do I need ETH for gas?
Yes, testnet ETH. Transactions on Robinhood Chain Testnet cost fractions of a cent equivalent, but the wallet still needs a small ETH balance to pay fees.
Can I lose my supplied assets?
Supplied assets that are not used as collateral cannot be liquidated. Assets enabled as collateral back your borrows and can be liquidated if your health factor reaches 1.00. With no debt, nothing can be liquidated.
Why did my available borrow change when I didn't do anything?
Prices move and interest accrues. Your borrowing power is a function of your collateral's oracle value, so it drifts with the market even while you sleep.
Why is the borrow rate different from when I opened the loan?
Rates are variable. Each transaction against a reserve moves its utilization, and the rate moves with it. The reserve page shows the current rate and the full curve.
What does "APY" mean here exactly?
Both supply and borrow rates are shown as APY: the annualised rate assuming per-second compounding, which is how the protocol actually accrues interest. A quoted APR would understate what borrowers really pay over a year.
Where do the fees go?
Borrow interest goes to suppliers, minus each reserve's reserve factor, which accrues to the protocol treasury (the collector contract).
Who can pause or change things?
Reserve parameters and emergency controls sit with the pool admin on this testnet deployment. Parameter values are all public; see risk parameters.