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FAQ

Find answers to the most common questions about WeissFi.

General Questions​

What is WeissFi?

WeissFi is a decentralized finance (DeFi) protocol built on the Sui blockchain that allows users to borrow DORI against their collateral (currently SUI) while setting their own interest rates.

It also enables users to earn yield through Stability Pools, all while benefiting from transparent and efficient liquidations.

Why use WeissFi instead of traditional lending platforms?

WeissFi introduces user-controlled interest rates, efficient liquidations, and no fixed repayment schedules — giving borrowers and depositors full control over their financial strategies.

Borrowing​

How do I borrow with WeissFi?
  1. Deposit collateral (currently SUI)
  2. Choose how much DORI you want to borrow (keep an eye on your Loan-to-Value ratio)
  3. Set your preferred interest rate — higher rates lower your risk of redemption
  4. Confirm & sign the transaction to receive DORI in your wallet
  5. Manage your loan anytime via the dashboard
What is LTV?

LTV (Loan-to-Value) is the ratio of borrowed DORI to the USD value of your collateral.

  • A higher LTV increases the risk of liquidation
  • A lower LTV provides more security
What is the Liquidation Price?

The Liquidation Price is the price at which your collateral is no longer sufficient to cover your loan, triggering liquidation.

If the price of your collateral falls below this level, your position may be liquidated.

What happens if I'm liquidated?
  • If your LTV exceeds 83.33% (120% MCR), your collateral is automatically liquidated
  • Your debt is repaid
  • Your collateral is transferred (at a discount) to Stability Pool depositors
Can I repay early?

Yes — just go to the dashboard and click Repay Loan.

  • You can repay any amount, at any time
  • There is no fixed repayment schedule
Can I change my interest rate?

Yes! You can adjust your interest rate at any time in the dashboard.

Earning​

How do I earn with WeissFi?

By depositing DORI into Stability Pools, you earn:

  • Protocol Interest – Borrower-paid interest is split 85% to sDORI holders and 15% to gDORI holders (Stability Pool)
  • Liquidation Bonus – When a borrower is liquidated, Stability Pool depositors receive collateral at a 10% discount
  • Redistribution Fee – If the Stability Pool is empty, a 20% fee applies when debt is redistributed to other borrowers
Can I withdraw at any time?

Yes. You can withdraw your DORI at any time — no lockups, no delays.

What are Stability Pools?

Stability Pools are decentralized liquidity pools where users deposit DORI to earn rewards from:

  • Borrower interest payments
  • Liquidation events

Each Stability Pool is tied to a specific collateral type, allowing you to choose your preferred risk exposure.

Redemptions​

What are redemptions?

Redemptions ensure that DORI maintains its $1 peg by allowing users to swap DORI for collateral at face value.

  • If DORI falls below $1, arbitrageurs redeem DORI for collateral, reducing supply and helping restore the peg
  • Redemptions start with borrowers paying the lowest interest rates
What happens if my loan is redeemed?
  • Your debt is reduced, and an equivalent amount of collateral is used to repay the redeemer
  • You do not lose USD value — your debt and collateral adjust proportionally
  • The protocol collects a redemption fee (0.5% + dynamic rate) from your collateral, while the redeemer receives the remaining amount
Can I protect myself from redemptions?

Yes!

  • Set a higher interest rate to move further down the redemption queue
  • Monitor DORI price — if DORI is trading above $1, redemptions do not occur
Is there a fee during redemptions?

Yes — a small fee (0.5% + dynamic rate) is deducted from the borrower's collateral when someone redeems DORI.

  • The fee is effectively paid by you as the borrower through a deduction from your collateral
  • This makes redemptions fairer than in other systems

Protocol​

What happens if DORI trades below or above $1?
  • If DORI trades below $1, redemptions increase to reduce supply and bring the price back to peg
  • If DORI trades above $1, borrowers lower their interest rates, increasing borrowing and restoring the peg
Is WeissFi fully on-chain?

Yes! All transactions, borrowing mechanics, and liquidations are fully on-chain, with no centralized control.