im getting more than the %? anyone else done the calculation?>
the % apr displayed is net of borrow apr, which is about 26%. so the rewards are 28%-ish
not sure what that means? a noob to anchor protocol, why would they advertise a low APR?
you get rewards in anc token, which are at ~28% APR of what you borrow. you have to pay ~26% interest APR on what you borrow.
where does the borrow part come out then? i thought the dsitribution was deducting the borrowing?
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