{"version":1,"pages":[{"id":"Qi3d8h92nqbx3pIcwQUp","title":"Introduction to Term Finance","pathname":"/","siteSpaceId":"sitesp_st0Wh","description":""},{"id":"kvrluct62Z6axtzDZe4k","title":"Term Repos","pathname":"/protocol/term-repos","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"}]},{"id":"JnrXUIFPm1q4nL8NZHQm","title":"Key terms","pathname":"/protocol/term-repos/key-terms","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"}]},{"id":"943LksPmSYxhdryvZhNq","title":"Margin maintenance","pathname":"/protocol/term-repos/margin-maintenance","siteSpaceId":"sitesp_st0Wh","description":"Borrowers may manage their collateral during the term of a Term Repo transaction by calling certain external functions.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"}]},{"id":"9ClZWm8X2eEW31bafQlc","title":"Maturity","pathname":"/protocol/term-repos/maturity","siteSpaceId":"sitesp_st0Wh","description":"On the maturity or repurchase date, borrowers are obligated to repurchase their collateral tokens at the repurchase price.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"}]},{"id":"f3wHt1KgH61te2vODmw7","title":"Collapse position","pathname":"/protocol/term-repos/collapse-position","siteSpaceId":"sitesp_st0Wh","description":"Borrowers may not repurchase ahead of the repurchase date, but may collapse their position by obtaining and burning corresponding Term Repo Tokens.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"}]},{"id":"YYIVbBNsYWBfPXKx1luR","title":"Defaults","pathname":"/protocol/term-repos/defaults","siteSpaceId":"sitesp_st0Wh","description":"Default occurs when a borrower (i) fails to maintain sufficient margin or (ii) fails to repurchase on time (or within the repurchase window).","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"}]},{"id":"1PvnmVI7G7yB6ngMLsqv","title":"Liquidation","pathname":"/protocol/term-repos/defaults/liquidation","siteSpaceId":"sitesp_st0Wh","description":"Liquidation is the process whereby collateral tokens are seized and sold to a liquidator in the event of default.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"},{"label":"Defaults"}]},{"id":"cIZJ2DISUXahVArfiqOo","title":"Liquidation protection","pathname":"/protocol/term-repos/defaults/liquidation-protection","siteSpaceId":"sitesp_st0Wh","description":"Liquidations are limited only to the amount necessary to cure default.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"},{"label":"Defaults"}]},{"id":"VKEoWFjQDRkVZjV7DJGu","title":"Terminology","pathname":"/protocol/term-repos/terminology","siteSpaceId":"sitesp_st0Wh","description":"Definitions and terminology relating to Term's digital repo transactions.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"}]},{"id":"VoP16mGFQfqjjxKgqne9","title":"Conventions","pathname":"/protocol/term-repos/conventions","siteSpaceId":"sitesp_st0Wh","description":"Conventions used by Term Finance.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"}]},{"id":"b0wWCN2v5WCQL89ggQYF","title":"Rollovers","pathname":"/protocol/term-repos/rollovers","siteSpaceId":"sitesp_st0Wh","description":"Borrowers may elect to rollover or extend the term of their repo transactions.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repos"}]},{"id":"yMxLY9bc66kINEih6l6f","title":"Term Auctions","pathname":"/protocol/term-auctions","siteSpaceId":"sitesp_st0Wh","description":"Term Auctions are sealed-bid, single-shot, double-auctions, also known as \"call-markets\" where bids and offers are batched by an auctioneer for matching and execution at pre-specified times.","breadcrumbs":[{"label":"Protocol"}]},{"id":"sNWUKyrBj7C3zZ4aceqF","title":"Auction characteristics","pathname":"/protocol/term-auctions/auction-characteristics","siteSpaceId":"sitesp_st0Wh","description":"Defining characteristics of Term Auctions.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Auctions"}]},{"id":"VJ8m4Wiw3pMGxN6rjDIK","title":"Auction timeline","pathname":"/protocol/term-auctions/auction-timeline","siteSpaceId":"sitesp_st0Wh","description":"Timeline of a typical Term Auction.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Auctions"}]},{"id":"vNVaMvBtH2pvylGnEfvm","title":"Complete Auction","pathname":"/protocol/term-auctions/complete-auction","siteSpaceId":"sitesp_st0Wh","description":"The complete auction process is where a clearing rate is determined and the auction is cleared and settled.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Auctions"}]},{"id":"HYJBRaS0r2mEPAGr9VFT","title":"Clearing rate","pathname":"/protocol/term-auctions/complete-auction/clearing-rate","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Term Auctions"},{"label":"Complete Auction"}]},{"id":"8rrxmMpxWcyt90RSDNxK","title":"Assignment","pathname":"/protocol/term-auctions/complete-auction/assignment","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Term Auctions"},{"label":"Complete Auction"}]},{"id":"skJBROKiT3nthdh4uMQs","title":"Settlement","pathname":"/protocol/term-auctions/complete-auction/settlement","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Term Auctions"},{"label":"Complete Auction"}]},{"id":"tmKC5lnaOZw9NFNyhhyG","title":"Terminology","pathname":"/protocol/term-auctions/terminology","siteSpaceId":"sitesp_st0Wh","description":"Definitions and terminology relating to Term Auctions.","breadcrumbs":[{"label":"Protocol"},{"label":"Term Auctions"}]},{"id":"yVdFPLVBPe4zo0euBIFN","title":"Term Repo Tokens","pathname":"/protocol/term-repo-tokens","siteSpaceId":"sitesp_st0Wh","description":"Term repo tokens are composable ERC-20 tokens that represent a claim to payment on a specific maturity date from a specific Term Repo.","breadcrumbs":[{"label":"Protocol"}]},{"id":"xfwbIWEsqwdsjX0PtP7H","title":"Key metadata","pathname":"/protocol/term-repo-tokens/key-metadata","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repo Tokens"}]},{"id":"RzU0oK0Le3eo4guvsHRT","title":"Valuation","pathname":"/protocol/term-repo-tokens/valuation","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Term Repo Tokens"}]},{"id":"6biOcwFARaL9GceCBFRv","title":"Fees and Penalties","pathname":"/protocol/fees-and-penalties","siteSpaceId":"sitesp_st0Wh","description":"Overview of applicable protocol fees.","breadcrumbs":[{"label":"Protocol"}]},{"id":"VYO7zDAIBP1jDkgNfylu","title":"Servicing Fee","pathname":"/protocol/fees-and-penalties/servicing-fee","siteSpaceId":"sitesp_st0Wh","description":"Borrowers are charged a loan servicing fee, typically ranging from 0.30%-0.50% per annum applied to the purchase price received in auction.","breadcrumbs":[{"label":"Protocol"},{"label":"Fees and Penalties"}]},{"id":"Guredgg8BP1q4SWHhzPJ","title":"Liquidated Damages","pathname":"/protocol/fees-and-penalties/liquidated-damages","siteSpaceId":"sitesp_st0Wh","description":"Borrowers in default are subject to liquidated damages typically set at 8% of any debt covered in liquidation.","breadcrumbs":[{"label":"Protocol"},{"label":"Fees and Penalties"}]},{"id":"Ojqt0Eziei0jsivJIeYI","title":"Risk Disclosures","pathname":"/protocol/risk-disclosures","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"}]},{"id":"gkwQOOuwnH8crVTOToZP","title":"Term Repo Risks","pathname":"/protocol/risk-disclosures/term-repo-risks","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Risk Disclosures"}]},{"id":"G15nDsH4N87vvsAyQ6zX","title":"Smart Contract Risk","pathname":"/protocol/risk-disclosures/smart-contract-risk","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Risk Disclosures"}]},{"id":"6P7Fk8LM66BIQxd2I94V","title":"Digital Asset Risk","pathname":"/protocol/risk-disclosures/digital-asset-risk","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Risk Disclosures"}]},{"id":"p3ZwyJQzfhPcV35urZIC","title":"Ethereum Network Risk","pathname":"/protocol/risk-disclosures/ethereum-network-risk","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"},{"label":"Risk Disclosures"}]},{"id":"3hrluB2aXIQHaB8py89K","title":"FAQ","pathname":"/protocol/faq","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Protocol"}]},{"id":"I5uIBRMu9e2MGr3mCyIv","title":"Blue Sheets (Simple-Earn)","pathname":"/periphery/blue-sheets-simple-earn","siteSpaceId":"sitesp_st0Wh","description":"The Blue Sheets Simple-Earn product makes fixed-rates accessible to those who don't have capacity to participate in Term auctions, offering on-demand, single-click access to fixed rates on-chain.","breadcrumbs":[{"label":"PERIPHERY"}]},{"id":"p1uBEcOJLTHHPaMF8YsC","title":"Security Audits","pathname":"/periphery/blue-sheets-simple-earn/security-audits","siteSpaceId":"sitesp_st0Wh","breadcrumbs":[{"label":"PERIPHERY"},{"label":"Blue Sheets (Simple-Earn)"}]},{"id":"dj8zu2TUwM8D4Rd2P9fD","title":"FAQ","pathname":"/periphery/blue-sheets-simple-earn/faq","siteSpaceId":"sitesp_st0Wh","description":"Quick answers to common questions about the Blue Sheets: Learn how yields work, understand fees and risks, and discover how to earn fixed rates from Term auctions.","breadcrumbs":[{"label":"PERIPHERY"},{"label":"Blue Sheets (Simple-Earn)"}]},{"id":"YQIKQQrH6g6ZIX7mfRd8","title":"Security Audits","pathname":"/developers/security-audits","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Developers"}]},{"id":"jE9X4KbCRtXS4ZYGppBF","title":"Terms of Use","pathname":"/legal/terms-of-use","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Legal"}]},{"id":"hUdweREHGU0mgjqWkoJW","title":"Privacy Policy","pathname":"/legal/privacy-policy","siteSpaceId":"sitesp_st0Wh","description":"","breadcrumbs":[{"label":"Legal"}]}]}