RE: From Bank Loans to Blockchain Lending: My Reflections on ACE

ACE has on-chain Lending Vaults: Deposit LEO (primary collateral) to borrow ACE.[1][2]

Liquidation: Autonomous via oracles + 24hr moving average price feed.[1]

Collateral ratio: ~150% ($1.50 collateral per $1 ACE), enforced on-chain.[2][3]

Peg: Hard via PSM (Peg Stability Module): Convert ACE ↔ USDC/HBD at $0.98-$1.02 w/ 2% fee. Inspired by DAI PSM.[1]

Oracle: Decentralized feeds for liquidation triggers.[1]

No exact liquidation threshold or contract addresses in public docs. Check @leostrategy for updates.[4]