SeahorseFi
  • 🌊Introduction
    • Introduction to SeahorseFi.xyz
    • Diagrammatic Representation
  • Protocol
    • Interest Rates
      • Interest Rate Model
      • Get Supply Rate
      • Get Borrow Rate
      • Get Utilization
      • Variable Interest Rates
    • Risk Management
    • Collaterization Model
    • Liquidation
      • Reserves
    • Contracts
    • Reserve Factor
  • ⚖️Governance
    • Governance
    • Protocol Fees
    • Roadmap
    • Treasury
    • Treasury Management
  • Tokenomics
    • Token Distribution
  • Legal
    • Terms & Conditions
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  1. Protocol

Interest Rates

Interest Rates

Users with a positive balance of the base asset earn interest, denominated in the base asset, based on a supply rate model; users with a negative balance pay interest based on a borrow rate model. These are separate interest rate models, and set by governance.

The supply and borrow interest rates are a function of the utilization rate of the base asset. Each model includes a utilization rate “kink” - above this point the interest rate increases more rapidly. Interest accrues every second using the block timestamp.

Collateral assets do not earn or pay interest.

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Last updated 1 year ago