Borrowing Interest APR

Depending on Utilization Rate.

Utilization=TotalΒ DebtΒ IssuedTotalΒ BNBΒ Depositedβˆ—100Utilization = \frac{{Total}\space{Debt}\space{Issued}}{{Total}\space{BNB}\space{Deposited}}*100

🚨Latest interest rate calculation update🚨

  • Utilization rate 0–50%, interest rate goes from 0%-25%

  • Utilization rate 50–90%, interest rate is fixed at 25%

  • Utilization rate 90–100%, interest rate goes from 25%-100%

Last updated