LTV is the ratio of the loan amount to the collateral, and Maximum LTV is the ratio of the maximum amount you can borrow with the asset as collateral.
Liquidation Threshold is the threshold for liquidation, where the LTV is above a certain percentage and is subject to liquidation.
Liquidation Penalty is the penalty incurred in the event of a liquidation, 2.8% is distributed to the protocol and the remaining amount will be paid to the liquidator conducting the liquidation
The Reserve Factor is the percentage of fees paid to the protocol. A percentage of the interest earned on the asset is paid to the protocol.