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Broke Samurai-

If you lend ETH to Anchor to borrow UST what

is the borrowing rate? The borrow APR says 22.97% but I heard from others it's much lower than that?

#anchor #cryptocurrency #english
0

3 ответов

10 просмотров
Broke Samurai- Автор вопроса

Yeah borrowing interest - do you actually pay the 22.97% or is it reduced?

0
28.11.2021
Mayank-Grover (Will never DM first or ask for funds)
Broke Samurai
Yeah borrowing interest - do you actually pay the ...

The borrowing APR is 23.05% i.e. Interest on your borrowed amount which will be charged by Anchor from the borrowers on the borrowed amount in UST. And the distribution APR is 24.96% i.e. Rewards on borrowing amount which will be paid by the Anchor to the borrowers on the borrowed amount in ANC.

0
28.11.2021

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