Interest rate

Utilization ratio

UtilizationRatio=(TotalBorrowed/PoolLiquidity)100Utilization Ratio=(TotalBorrowed/PoolLiquidity)*100

Deposit APR

DepositAPR=BorrowAPR(1reserveFactor)DepositAPR=BorrowAPR∗(1−reserveFactor)
  • Plus pool depositor and Long/Short position depositor will pay 80% of the accumulated interest earnings to a Lender, 20% will be set aside as reserves, and will later be used as a reserve fund for KSP Buyback & Burn.

  • reserve Factor = 0.2

Borrow APR

BorrowAPR=BorrowingRateModelUtilizationBorrowAPR=BorrowingRateModel*Utilization

Borrowing Rate Model

*Please note the MBX, AZIT interest rate model is different from other tokens.

KLAY / KSP / WEMIX / BORA / oETH / oUSDT / oUSDC / KDAI / oXRP / oORC / oMESH / oTON

Utilization Ratio
Borrowing Rage Range
Logic

0%~60%

0%~20%

Borrowing Rate = Utilization / 3

60%~90%

20%

Borrowing Rate = 0.2

90%~100%

20%~100%

Borrowing Rate = Utilization * 8 - 7

MBX

Utilization Ratio
Borrowing Rate Range
Logic

0%~60%

0%~20%

Borrowing Rate = Utilization / 3

60%~90%

20%

Borrowing Rate = 0.2

90%~100%

20%~300%

Borrowing Rate = Utilization * 28 - 25

AZIT

Utilization Ration
Borrowing Rate Range
Logic

0%~60%

0%~100%

Borrowing Rate = Utilization*5/3

60%~90%

100%

Borrowing Rate = 1

90%~100%

100%~500%

Borrowing Rate = Utilization*40-35

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