Interest rates are calculated algorithmically based on market demands (yields-providing) and the supply of assets (asset-providing) at every block. Interest rate settings are decided upon at the protocol level.
We are following Jump rate model for both stablecoins and bluechip tokens with diff parameters.
Token | Type | Blocks per year | Base Rate Per Year | Multiplier Per Year | Kink | Jump Multiplier Per Year |
---|---|---|---|---|---|---|
ETH | Bluechip | 1051200 | 0 | 25% | 50% | 100% |
WBTC | Bluechip | 1051200 | 0 | 25% | 50% | 100% |
USDC | Stablecoin | 1051200 | 0 | 20% | 50% | 100% |
USDT | Stablecoin | 1051200 | 0 | 20% | 50% | 100% |
BOBA | Bluechip | 1051200 | 0 | 25% | 50% | 100% |