8/ In Tigris, risk is underwritten by StableVault. Like $GLP in
@GMX_IO
, Tigris has a LP token, in this case $tigUSD.
Aim of StableVault is to be overcollateralised all the time.
If the Collateralisation Level is <100%, 70% of trading fees goes to locked tigUSD, 30% if CL >100%