Borrow specs

Interest Rate
The interest rate is a variable piece-wise function of utilization:
u=utilization=borrowsupplyu = utilization = \frac{borrow}{supply}u=utilization=supplyborrow​
where
r is the interest rate
optimal and max parameters are defined per token
Specifications
Token
Optimal Util
Optimal Rate
Max Rate
Liquidation Fee
Origination Fee
USDC
70%
10%
150%
2.5%
0%
USDT
70%
10%
150%
5%
0%
SOL
70%
6.4%
106.4%
2.5%
0%
BTC
70%
8%
100%
5%
0%
ETH
70%
8%
100%
5%
0%
mSOL
70%
6.4%
106.4%
5%
0%

Borrow - Previous

Overview

Next - Stake

ZAMM

Last modified 16d ago

Copy link

Contents

Interest Rate

Specifications