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lockedCollateral

AVM that must stay pledged to cover a position's debt at the current floor.

Ceil-rounded AVM whose floor value covers position.debtRaw. Same formula as collateralForDebtUp. Zero debt locks zero tokens.

Import

import { lockedCollateral } from "@repo/contract-client/math";

Usage

const locked = lockedCollateral(position, snapshot.floorPriceWad);

A floor raise reduces locked collateral for the same debt, which is why raises increase borrow capacity.

Return Value

AvmAtoms

Parameters

position

  • Type: PersonalPosition

Uses position.debtRaw.

lockedCollateral(position, snapshot.floorPriceWad);

floorPrice

  • Type: Wad

Must be > 0 if debt is nonzero.

Error

InvalidAmountError if floorPrice <= 0 and debt is being converted.

Tips

  • Surrender burns exactly this amount (for the cancelled debt slice), not the whole position.