Borrowing Interest APR

The borrowing interest APR% will depend on the Utilization Rate as below;

$$Utilization=\frac{Total Debt Issued}{Total USDC Deposited}\times100$$

🧮Interest Rate Calculation

• If utilization rate 0–50%, interest rate will go from 0%-25%

• If utilization rate 50–90%, interest rate will be fixed at 25%

• If utilization rate 90–100%, interest rate will go from 25%-100%