> For the complete documentation index, see [llms.txt](https://seahorsefi.gitbook.io/seahorsefi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://seahorsefi.gitbook.io/seahorsefi/protocol/collaterization-model.md).

# Collaterization Model

### DeFiChain EVM

<table><thead><tr><th width="285">Collateral</th><th>Loan-To-Value (LTV)</th><th>Remarks</th></tr></thead><tbody><tr><td>WDFI</td><td>75%</td><td></td></tr><tr><td>dBTC</td><td>75%</td><td></td></tr><tr><td>dUSDC</td><td>80%</td><td></td></tr><tr><td>dUSDT</td><td>80%</td><td></td></tr><tr><td>dUSD</td><td>18% (To be periodically decreased from the current LTV)</td><td>Risk of depegged stable confers a lower LTV for the stability of the whole system.</td></tr><tr><td>dETH</td><td>75%</td><td></td></tr><tr><td>dMSTR (dStock)</td><td>18%</td><td></td></tr><tr><td>dTSLA (dStock)</td><td>18%</td><td></td></tr><tr><td>dSPY (dStock)</td><td>18%</td><td></td></tr><tr><td>VAN (VanillaSwap Governance Token)</td><td>25%</td><td><p>Risk could be either </p><ol><li>Low liquidity on DEXes</li><li>Concentration of small number of large token holders</li><li>Tokenomics and emission schedule</li></ol></td></tr><tr><td>JAV (Javsphere Governance Token)</td><td>25%</td><td><p></p><p>Risk could be either </p><ol><li>Low liquidity on DEXes</li><li>Concentration of small number of large token holders</li><li>Tokenomics and emission schedule</li></ol></td></tr><tr><td>mDFI (Marble DFI)</td><td>60%</td><td>Liquid Staked Token</td></tr><tr><td>cDFI (CryptoFactor DFI)</td><td>60%</td><td>Liquid Staked Token</td></tr></tbody></table>

In future, the LTV can be a parameter that is can be altered by governance.&#x20;