MODULE 2 · LIVE
Veritas: borrow SOL against dDOS
0% INTEREST LENDING
We called interest a disease. Veritas is the proof we mean it: lock dDOS, take SOL, and owe exactly the number you borrowed.
Your debt stays the same number for a minute or for a year. The temple lends its own money: the reserve is filled by DOS’s creator fees and by the SOL that Opes recycles back. Users never deposit SOL here, so there is nothing to run on and nothing to lose in a panic. If the reserve is empty, the temple simply does not lend.
The only rule is the ratio. You open at 200% or above. If your collateral falls below 150%, anyone can ring the bell and the position settles: your SOL stays with you, the dDOS goes first to Opes at half price, and what Opes cannot afford is burned. Liquidation is not a punishment. It is the deal you accepted at the door.
After DOS graduates to PumpSwap, the oracle is pinned to the official pool and locked in the same transaction that opens the module. From that moment the price comes from the pool’s live reserves, and nobody, including us, can ever touch it again.
PARAMETERS
- PRICE FEED
- DOS/SOL pool price × the bonding-curve ratio, read live on-chain
- OPENING MINIMUM
- ≥ 200% collateral ratio
- LIQUIDATION
- < 150%. Anyone can trigger it
- INTEREST
- 0%, always
- POSITION CAPS
- one per wallet · max 5% of the available reserve · max 15% of the reserve per hour across all positions
- ON LIQUIDATION
- Opes buys the dDOS at a 50% discount; whatever it can't cover is burned
- REPAYMENT
- in full, any time. Exactly the amount borrowed