What if Kashi just matched MIM's fee model? Or is

Kashi doesn't have a stablecoin they produce themselves. So Kashi requires people to supply both sides of the market, including the stablecoin. So they need to charge a large amount of interest to incentivize people to deposit the borrow asset (the stablecoin). Protocols like MIM and FRAX that produce money can create the stablecoin side of the pair at will. So we have an advantage that Kashi doesn't have.

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20.10.2021

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What if Kashi just matched MIM's fee model? Or is

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