Borrowing Interest APR

Depending on Utilization Rate.

Utilization=Totalย Debtย IssuedTotalย BNBย Depositedโˆ—100Utilization = \frac{{Total}\space{Debt}\space{Issued}}{{Total}\space{BNB}\space{Deposited}}*100

๐ŸšจLatest interest rate calculation update๐Ÿšจ

  • Utilization rate 0โ€“50%, interest rate goes from 0%-25%

  • Utilization rate 50โ€“90%, interest rate is fixed at 25%

  • Utilization rate 90โ€“100%, interest rate goes from 25%-100%

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