A follow up question, who earns (receives) the APR on

Question

DeFiChain - International

Mike .

A follow up question, who earns (receives) the APR on

my vault if I pay back my minted "dtokens" ? (the 1% | 1.5% | 2% APR)

#blockchain #cryptocurrency #defichain #english

0

03.12.2021

2 ответов

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Mike . Автор вопроса

derf_smash
According to the pink paper Interest rate for loan...

thank you for your response, I will double check the pink-paper, because looking at it was a bit confusing as it did not get updated on github. I thought you had to be an operator before you can "create" your own vault. But back to my question, based on your explaintion and the reference to the pink-paper, if I pay back my dTokens to my vault the interest I'd have to pay would be burned, if I understand you correctly ?

0

03.12.2021

derf_smash · Accepted Answer

derf_smash

According to the pink paper Interest rate for loan consists of 2 parts: Vault interest, based on loan scheme of individual vaults Token interest, based on loan tokens, e.g. TSLA token might have its own interest that is chargeable only for TSLA token. DeFi fees are burned. Fees are typically collected in the form of the loan token repayment, and automatically swapped on DEX for DFI to be burned.

0

03.12.2021

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A follow up question, who earns (receives) the APR on

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