Roles in AlphBanx

Borrower

• Deposits ALPH as collateral to mint ABD

• Chooses interest rate tier

• Must maintain CR ≥ 200% or face liquidation

• Can repay loan at any time to reclaim collateral

Earn Pool Participant (Stability Provider)

• Deposits ABD into auction pools (5%, 10%, 15%, 20%)

• Earns borrowing fees and discounted collateral from liquidations

• Passively contributes to system stability

Liquidator (Triggering Role)

• Anyone can initiate liquidation when CR < 200%

• Triggers auctions to protect the protocol

• Does not need to hold any tokens

ABX Staker

• Stakes ABX tokens to earn protocol fees

• Shares fees from minting, borrowing, redemptions, and liquidations

• Aligned with long-term protocol health