Available Liquidity

The ‘Available Liquidity’ is the number of additional CROW tokens available for borrowing at the current time. It is calculated by subtracting the number of CROW tokens already borrowed and in use from the 'Total Liquidity', which is the total number of CROW tokens that can be borrowed throughout the service.

Total Liquidity

The ‘Total Liquidity’ refers to the total number of CROW tokens that can be borrowed within the Kurrency PLAY service. When the number of borrowed CROW tokens reaches the ‘Total Liquidity’, additional CROW token borrowing is temporarily suspended. However, should other users repay the borrowed CROW tokens or should there be an increase in the ‘Total Liquidity’ for CROW tokens, the ‘Available Liquidity’ will consequently rise, once again enabling the borrowing process.

Example of Calculating the Available Liquidity

[Example] Calculating the ‘Available Liquidity’ when the ‘Total Liquidity’ of CROW is 1,000,000

• If the current outstanding CROW token is 200,000, the ‘Available Liquidity’ is 800,000

• If the current outstanding CROW token is 600,000, the ‘Available Liquidity is 400,000

• If the current outstanding CROW token is 1,000,000, the ‘Available Liquidity is 0