Mare
  • Introduction
  • Getting Started
    • Wallet
    • FAQ & Troubleshoot
  • Protocol
    • Contract Addresses
    • Liquidation
    • Collateral and Reserves
    • Interest Rate Model
  • Tokenomics
    • Liquidity Generation Event(LGE)
    • Distribution
    • Reward Emissions and Bribes
    • Staking and Revenue Sharing
  • Other Information
    • Legal Disclaimer
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  • Interest Rate Model
  • Borrow APR​
  • Supply APR
  1. Protocol

Interest Rate Model

Interest Rate Model

Borrow APR​

Supply APR

= 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) / Total Supply} ^ BlocksPerYear - 1

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Last updated 2 years ago