[gage.bar]Independent · on gage's data
Loan status board · Robinhood Chain
Every loan has a bar.
Watch it clear.
gage.bar is an independent status board for gage.cash loans. gage loans are never liquidated: at the end date the borrower repays, or walks away and the lender keeps the collateral. The bar is the price where both choices are worth the same. gage.bar holds every running loan up to its bar, live.
The board
—Each running loan, soonest end first. Bar is the price its collateral must hold for repaying to be worth it. Room is how far the price can fall before it gets there.
| # | Pledge | Owed | Bar | Now | Room | belowbar2× | Ends in | Status |
|---|---|---|---|---|---|---|---|---|
| Reading gage's index… | ||||||||
Prices are gage's pool prices, not a promise of a sale. A borrower can still repay under the bar or walk away over it. The bar says which choice is worth more, not what anyone will do.
Your dashboard
read-onlyYour loans against their bar
Connect a wallet to see the gage loans it borrowed, each against its bar: what you owe, by when, how much room is left, and what needs you before the end date. Your Earn deposits show here too.
Read-only. gage.bar only reads your address: it never asks you to sign, approve or send anything. Repaying, borrowing and Earn stay on gage.cash.
The ledger
every loan that endedHow gage loans ended
Each square is one loan.
In hindsight
— walk-aways
—
— repaid
—
Today's pool price against each ended loan's bar. Not what the price was on the day it ended.
- Reading gage's index…
Set your bar
gage's rates model, liveThinking of borrowing on gage? Ask the rates model what it would lend on your pledge, and see the bar that loan would set before you pledge anything.
The loan it would make
Pick a pledge and an amount. Nothing is sent to your wallet; this only asks gage's rates model.
Terminal
type helpHow the bar works
- 1
The repayment is fixed on day one.
A gage loan sets what the borrower owes back before it is funded. No price can close it early, and nothing is sold while it runs.
- 2
The end date is a choice.
Repay, and the collateral comes back. Walk away, and the borrower keeps the USDG while the partner vault that funded the loan keeps the collateral.
- 3
The bar is where the choice flips.
Repayment divided by the amount pledged. Above the bar, coming back is worth more than walking. Below it, walking is. Room is how far today's price can fall before it reaches the bar.
Where the numbers come from
- Loans and protocol numbersgage's public index, the one gage-sdk reads; loans gage keeps private are left out
- Pricesgage's valuation service: each token's Uniswap pool price in USDG
- Quotesgage's rates model, the borrow card's sizing
- Loan core0x856e…e87e ↗
- Partner vault factory0x20a9…0822 ↗