Interest Rates
We use a 2-stage interest rate model, where computation of the interest rate is separated into two stages.
Before utilization reaches the kink level, interest rate is computed as:
After utilization goes above the kink level, interest rate is computed as:
The functions above produce the following graph:
Two-Stage Interest Rate Model
The parameters each token are listed:
Token | Kink | R_basic | R1 | R2 |
USDC | 85% | 0 | 0.117647 | 4.666667 |
USDT | 80% | 0 | 0.125 | 3.5 |
BTC | 75% | 0 | 0.266667 | 3.2 |
ETH | 75% | 0 | 0.266667 | 3.2 |
SOL | 70% | 0 | 0.285714 | 4.333333 |
RAY | 85% | 0 | 0.352941 | 11.333333 |
SRM | 80% | 0 | 0.15 | 6.9 |
weWETH | 75% | 0 | 0.266667 | 3.2 |
wbWBNB | 70% | 0 | 0.266667 | 3.2 |
mSOL | 75% | 0 | 0.266667 | 5.2 |
ORCA | 80% | 0 | 0.15 | 6.9 |
No borrow fee is charged when using Soda Protocol and the flash loan fee for all tokens is 0.3%.
Last modified 1yr ago