Getting started
Borrow Stablecoins Against Your Crypto
Roots is a collateralized borrowing protocol that lets you mint MEAD stablecoins using your crypto assets.
Parameters Table
Supported Assets & Minimum Collateralization Ratios (MCR):
| Supported Asset | Minimum Collateral Ratio (MCR) |
|---|---|
| WBERA - HONEY LP | 150% |
| WETH - wBERA LP | 150% |
| WBTC - wBERA LP | 150% |
| BYUSD - HONEY LP | 110% |
| USDC.e - HONEY LP | 110% |
Reward Streams
BGT (Governance Token)
Earned proportionally to collateral value. Managed automatically by Roots.
Pool Fees (on BEX)
Maintained directly via your LP position on BEX.
Stability Pool: Earn Liquidated Collateral
Stake MEAD to help secure the protocol and earn rewards from liquidations.
How It Works
Deposit MEAD
Stake your MEAD tokens into the Stability Pool via the Roots interface.
Loans Liquidated
When undercollateralized loans are liquidated, the Stability Pool’s MEAD is used algorithmically to repay the debt.
Receive Collateral
In return for your MEAD covering the debt, you receive the liquidated collateral at a potential discount.
Manage Your Positions
Roots provides tools to monitor and optimize your borrowing positions.
Essential Checks
Always keep your CR above the Minimum Collateral Ratio (MCR) for your specific asset to avoid liquidation. If your CR falls below the MCR, your position is eligible for liquidation by anyone.
Use the dashboard’s alert system or integrate with third-party monitoring tools to stay informed about your position’s health.
View accumulated native BGT rewards in real-time on the Roots dashboard.