Modify Borrow Interest
The Modify Borrow Interest poll type allows users to create polls that update borrow-interest-related parameters.
The
Base Borrow Rate is the minimum base interest rate that is applied to borrows. The borrow rate proportionally increases as the utilization ratio increases, with a multiplier of Interest Multiplier.Parameter Name | Description |
Base Borrow Rate | Minimum annualized borrow interest |
Interest Multiplier | Multiplier between market utilization ratio and annual borrow interest |
Parameter Name | Human-Readable Value | Raw Value (In Contract State) |
Base Borrow Rate | 2% APR | 0.000000004076272770 (per-block rate) |
Interest Multiplier | 0.42 (annualized value) | 0.000000085601728176 |
Parameter Name | Human-Readable Value | Raw Value (In Contract State) |
Base Borrow Rate | 2% APR | 0.000000004076272770 (per-block rate) |
Interest Multiplier | 0.42 (annualized value) | 0.000000085601728176 |
Field | Description | Optionality |
Title | Poll title | Required |
Proposal Rationale | Short description of poll rationale | Required |
External Link | External URL for further information | Optional |
Base Borrow Rate | Proposed minimum annualized borrow interest | Optional |
Interest Multiplier | Proposed multiplier between market utilization ratio and annual borrow interest | Optional |
Last modified 2yr ago