# Position Value

Portfolio margin vault of perp and squart

### Position Value

### Vault Value

The Vault-Value is defined as follows. *Margin* is the amount of collateral.

### Min. Margin

`r`

is risk parameter(e.g. r = 1.02).

### Safe Condition

The condition for a sufficiently safe position can be expressed by the following formula. If this condition is not met, the position will be forcibly liquidated.

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