Takara
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    • 🔖Story
    • 💎About Takara
    • 🔴Sei V2 EVM
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    • 💠Get started
      • Wallet Connection
    • 🤝Lend
      • Supply
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      • Lend FAQ
    • 🤝Borrow
      • How to Borrow
      • Loan Repayment
      • Credit and Liquidations
      • Borrow FAQ
  • Protocol Information
    • ‼️Protocol Information
    • 📈Interest Rate Model
    • 🛡️Security
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  1. Protocol Information

Interest Rate Model

Borrow APR

The interest rate model for borrowed assets can be calculated using the following formula:

= Base + Multiplier * min(UtilizationRate, Kink) + max(JumpMultiplier * UtilizationRate - Kink, 

Supply APR

The interest rate model for supplying assets can be calculated using the following formula:

= Distribute (Interest Paid by Borrowers Per Block - Reserve) to all suppliers, and convert it into APY

= Distribute [(1 + Borrow APY) ^ (1 / BlocksPerYear) - 1] * Total Borrow * (1 - Reserve Factor) to all suppliers, and convert it into APY

= {[(1 + Borrow APY) ^ (1 / BlocksPerYear) - 1] * Total Borrow * (1 - Reserve Factor) / Total Supply}, and convert it into APY

= {1 + [(1 + Borrow APY) ^ (1/BlocksPerYear) - 1] * Total Borrow * (1 - Reserve Factor) / To
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Last updated 4 months ago

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