HOCK has not launched on BNB Chain yet. When it does, its vault appears here: the pool, every open loan, and the panel that pawns tokens and repays them.
What the pool will be made of
What a loan will look like
And what happens if it is not repaid
The settings it will open with
Tax on every trade
2%
Of that, the vault receives
1.8% of volume
The treasury keeps
3% of each arrival
A loan opens at
40% of the collateral's measured value
All-in fee
4%, fixed at opening
Term, then grace
7 days, then 2 days
Liquidation starts at
80%, selling back to 60%
One step sells at most
0.5% of the market's depth, every 5 minutes
The caller of a step keeps
0.5%
Smallest loan
0.001 BNB
Owner
sets these inside fixed bounds, and holds the pool
Where it will live
The vault is created by the Hock factory on BNB Chain at the moment HOCK launches through Flap, and the tax reaches it from the first trade.
Tax does not move by itself: it waits on the token's processor until someone calls flush(). A trigger does that on a schedule, at most once every 1 hour while anything is waiting, and anyone may do it.