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- Depositors can choose not to earn APY (simply staying insured).
- This way, they provide liquidity to the protocol, but APR and APY cancels out.
- As per Kings 3:16-28, liquidations take [half](https://twitter.com/QuidMint/status/1735926977683406950) the borrower's initial collateral.
- As per [Kings](https://www.youtube.com/clip/UgkxdnVd64u0q6nPNlaVrG36GLug-5MHKyCc) 3:16-28, liquidations take [half](https://twitter.com/QuidMint/status/1735926977683406950) the borrower's initial collateral.
- If borrowers pay double APR they are still able to claim back the half.
- All the collateral accumulated on leverage (not owned by borrower to begin with) is claimed.
- There is no recovery mode (unlike Liquity), and absorption of losses is deferred.
