In the JPOW protocol, the Stability Pool is a key part of the liquidation process. It works alongside other methods to handle loans that can’t be supported by their collateral anymore. By depositing USDAI into the Stability Pool, users can earn collateral assets at a discount when liquidations happen.

What is the JPOW Stability Pool?

The JPOW Stability Pool allows users to deposit their $USDAI to:

• Earn Liquidation Rewards: Gain collateral assets from liquidated borrowing positions.
• Support System Stability: Help maintain the health of the JPOW lending protocol.

How to get $USDAI to join to the Stability Pool?

User can:

• Mint $USDAI on the JPOW protocol by depositing $MAX, $ORAI, $VIRTUAL, $SOL or $USDC as collateral.

• Receive $USDAI when staking $JPOW on Distilled.AI: https://mesh.distilled.ai/staking?token=orairHM3Yw2PbTfCty1PXy7tEUx3uBMfjouNbm4KnRJ

• Swap for $USDAI on supported platforms:

  • Pair USDAI/ USDC on Meteora:

  https://www.meteora.ag/dlmm/HMVKReo9AfxgR5GDbjs5NAyw8hL4eaFu23z7mvJahcqb

  • Pair USDAI/ ORAI on OraiDex:

  https://app.oraidex.io/universalswap?from=factory%2Forai1wuvhex9xqs3r539mvc6mtm7n20fcj3qr2m0y9khx6n5vtlngfzes3k0rq9%2FDYeTA4ZQhEwoJ5imjq1Q3zgwfTgkh4WmdfFHAq3jLrv3&to=orai

Does Stability Pool deposit get locked in?

User can deposit and withdraw USDAI from the Stability Pool anytime—there’s no lock-in period. There is no minimum or maximum amount required to participate, making it accessible to all users.

Stability Pool Liquidations

What are liquidations?

Liquidations happen when a loan’s collateral value drops too low to support the borrowed $USDAI.

For example, if the market dips and user’s collateral isn’t enough to cover user’s debt, the system steps in to repay it, and user’s collateral is taken.

Check the Liquidations section for more details.

How do Stability Pool liquidations work?