> For the complete documentation index, see [llms.txt](https://strobe-protocol.gitbook.io/strobe-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://strobe-protocol.gitbook.io/strobe-protocol/money-market/asset-parameters/values.md).
# Values
All asset parameters are subject to change.
XRP
XRPL EVM Token Details:
| Parameter | Value |
| ------------------------ | -------------------------------------------------------------------------------------------------------------- |
| LTV ratio | 87% |
| Liquidation threshold | 100% |
| Reserve factor | 20% |
| Liquidation bonus | 10% |
| Supply cap (native unit) | 3,529,000 |
| Borrow cap | No cap |
| Utilization rate cap | 100% |
| Interest rate strategy | [Interest rate strategy 1](/strobe-protocol/money-market/interest-rate-strategies/interest-rate-strategy-1.md) |
| Optimal utilization rate | 85% |
| Base interest rate | 0% |
| Variable rate slope 1 | 5% |
| Variable rate slope 2 | 85% |
| Max interest rate | 90% |
Midas XRP (Supply-Only)
XRPL EVM Token Details:
| Parameter | Value |
| ------------------------ | --------- |
| LTV ratio | 87% |
| Liquidation threshold | 100% |
| Reserve factor | 20% |
| Liquidation bonus | 10% |
| Supply cap (native unit) | 4,000,000 |
| Borrow cap | N/A |
| Utilization rate cap | N/A |
| Interest rate strategy | N/A |
| Optimal utilization rate | N/A |
| Base interest rate | N/A |
| Variable rate slope 1 | N/A |
| Variable rate slope 2 | N/A |
| Max interest rate | N/A |
Circle USDC
| Parameter | Value |
| ------------------------ | -------------------------------------------------------------------------------------------------------------- |
| LTV ratio | 80% |
| Liquidation threshold | 100% |
| Reserve factor | 20% |
| Liquidation bonus | 15% |
| Supply cap (native unit) | 200,000 |
| Borrow cap | No cap |
| Utilization rate cap | 100% |
| Interest rate strategy | [Interest rate strategy 1](/strobe-protocol/money-market/interest-rate-strategies/interest-rate-strategy-1.md) |
| Optimal utilization rate | 90% |
| Base interest rate | 0% |
| Variable rate slope 1 | 8% |
| Variable rate slope 2 | 42% |
| Max interest rate | 50% |
Axelar USDC
XRPL Token Details: \
XRPL EVM Token Details: \
Ethereum Token Details:
| Parameter | Value |
| ------------------------ | -------------------------------------------------------------------------------------------------------------- |
| LTV ratio | 80% |
| Liquidation threshold | 100% |
| Reserve factor | 20% |
| Liquidation bonus | 15% |
| Supply cap (native unit) | 50,000 |
| Borrow cap | No cap |
| Utilization rate cap | 100% |
| Interest rate strategy | [Interest rate strategy 1](/strobe-protocol/money-market/interest-rate-strategies/interest-rate-strategy-1.md) |
| Optimal utilization rate | 90% |
| Base interest rate | 0% |
| Variable rate slope 1 | 8% |
| Variable rate slope 2 | 42% |
| Max interest rate | 50% |
Axelar Wrapped ETH
XRPL Token Details: \
XRPL EVM Token Details: \
Ethereum Token Details:
| Parameter | Value |
| ------------------------ | -------------------------------------------------------------------------------------------------------------- |
| LTV Ration | 75% |
| Liquidation threshold | 100% |
| Reserve factor | 20% |
| Liquidation bonus | 10% |
| Supply cap (native unit) | 20 |
| Borrow cap | No cap |
| Utilization rate cap | 100% |
| Interest rate strategy | [Interest rate strategy 1](/strobe-protocol/money-market/interest-rate-strategies/interest-rate-strategy-1.md) |
| Optimal utilization rate | 85% |
| Base interest rate | 0% |
| Variable rate slope 1 | 5% |
| Variable rate slope 2 | 82% |
| Max interest rate | 87% |
Axelar Wrapped BTC
XRPL Token Details: \
XRPL EVM Token Details: \
Ethereum Token Details:
| Parameter | Value |
| ------------------------ | -------------------------------------------------------------------------------------------------------------- |
| LTV Ratio | 75% |
| Liquidation Threshold | 100% |
| Reserve Factor | 20% |
| Liquidation Bonus | 15% |
| Supply cap (native unit) | 0.75 |
| Borrow cap | No cap |
| Utilization rate cap | 100% |
| Interest rate strategy | [Interest rate strategy 1](/strobe-protocol/money-market/interest-rate-strategies/interest-rate-strategy-1.md) |
| Optimal utilization rate | 80% |
| Base interest rate | 0% |
| Variable rate slope 1 | 5% |
| Variable rate slope 2 | 82% |
| Max interest rate | 87% |
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