# siUSD/USDC 11x

* **Token Symbol**: siUSD-USDC-11x
* **Token Name**: siUSD / USDC 11x Leverage Token
* **Collateral**: Infinifi’s [`siUSD`](https://etherscan.io/token/0xdbdc1ef57537e34680b898e1febd3d68c7389bcb)
* **Borrowed Asset**: [USDC](https://etherscan.io/address/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48)
* **Borrow Market:** [Morpho siUSD/USDC market](https://app.morpho.org/ethereum/market/0xbbf7ce1b40d32d3e3048f5cf27eeaa6de8cb27b80194690aab191a63381d8c99/siusd-usdc) LLTV: 91.5%
* **Oracle**: siUSD/USDC
  * [MorphoChainLinkOracleV2](https://www.notion.so/Publish-Gitbook-with-new-content-2c541a9be41081deb8dcd28a1609d9c1?pvs=21)
    * Base Feed 1: [ChainlinkRTOracle](https://etherscan.io/address/0xF81Aa28A4F68124683AfadA81e8EBBf6e2867067)
    * Base Vault : [siUSD ERC4626 vault contract](https://etherscan.io/address/0xDBDC1Ef57537E34680B898E1FEBD3D68c7389bCB) . This vaults underlying asset is iUSD. iUSD is added into this vault every epoch by InfiniFi approved addresses, this causes sIUSD price to increase relative to iUSD
    * Quote Feed 1 : [DummyFeed](https://etherscan.io/address/0xc3866d726C204C0836E0677A31973c649888973D)
* **Target Leverage (Target Collateral Ratio)**: 11x (1.1)
* **Min Leverage (Max Collateral Ratio)**: 10.95x (1.100502513)
* **Max Leverage (Min Collateral Ratio)**: 11.5x (1.095238095)
* **Mint Token Fee**: 0%
* **Redeem Token Fee**: 0%
* **Dutch Auction Duration**: 1 hour
* **Dutch Auction Initial Price Multiplier**: 1.01
* **Dutch Auction Min Price Multiplier**: 0.999
* **Pre-liquidation Collateral Ratio**: 1.094073377 (11.63x leverage)
* **Pre-liquidation Rebalance Reward**: 1.305% (50% Morpho penalty 2.61%)
* **Strategy**: Auto-looped exposure to siUSD for max points and rewards
* **Use Case**: For users seeking boosted yield and points without manual management


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