Fuel
Liquidity Borrowing
Creators can opt to borrow their initial liquidity within the following specified ranges:
Free User: Borrow between 1500 - 3000 ApeCoin
VIP User: Borrow between 1500 - 15000 ApeCoin
Repayment
Methods:
If the repayment threshold is reached, Ape Express will automatically withdraw enough liquidity to cover the owed amount. The tokens from the removed liquidity are then burned.
For Tax Tokens, collected taxes are used to repay the owed amount first. Once the debt is cleared, the creatorβs chosen tax settings become active.
The amount owed can be paid manually on the token's page at Ape Express.
If the debt remains unpaid for 7 days after the token is created (or from the scheduled deployment date), Ape Express will automatically withdraw enough liquidity to recover the owed amount, if possible. This can pose a risk to projects, as it may result in most or all of the liquidity being removed.
Threshold
A repayment threshold is a creator-selected level that represents how much the Liquidity Provider (LP) tokens must be worth before Ape Express automatically recovers the borrowed amount plus interest.
2x
25%
3x
50%
4x
75%
5x
100%
For instance, if a project borrows 1 ApeCoin and opts for a 2x repayment threshold, Ape Express will retrieve 1.25 ApeCoin (the borrowed amount plus interest) once the LP tokens reach a value of 2 ApeCoin and an additional amount of tokens. The received tokens will be burned.
Post-Repayment
After repayment is completed, the LP tokens held by the Ape Express smart contract will be locked for the duration specified by the creator.
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