XION Testnet Guide
Last updated
Last updated
Earth allows you to mint XION's native decentralized stablecoin $ORE using $XION tokens. With Earth, you get instant liquidity on your $XION tokens without selling them.
Troves are individual collateralized debt position that allows you to access the liquidity. This guide will walk you through the process of opening, adjusting, and closing a Trove.
XION: The collateral token
ORE: The stablecoin you can mint
LTV (Loan-to-Value): The ratio between your borrowed amount and collateral value
Liquidation Price: The price at which your Trove will be liquidated
