In UST, borrow interest is added to your borrowed amount.
Thanks. Is that based the net borrow rate or the gross rate? If it's the gross rate then I assume the delta is paid out in ANC as rewards?
So for example the current gross borrow rate is ~11% but the net rate is ~3%. Is the UST borrow amount that gets adjusted based on the 11%?
Yes its on the basis of borrow APR, so 11%.
Обсуждают сегодня