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Taster： block all scammers-beware direction message , all are scammers

Just notice that the borrowing APR % has become negative.

So borrowers are paying interest rate. Is this interest rate deduced from the currently collateralized tokens's value or borrower has to pay when repay back... ? and how does it count? is there an accounting value borrowers could track? Thank you!

#anchor #cryptocurrency #english
0

3 ответов

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Mayank-Grover (Will never DM first or ask for funds)

Borrowing interest is added to your borrowed UST, and it has to be paid at the time of repay.

0
28.03.2022
Taster： block all scammers-beware direction message , all are scammers Автор вопроса
Mayank Grover (Will never DM first or ask for funds)
Borrowing interest is added to your borrowed UST, ...

got it. It makes more sense. So the rate goes very negative, then the amount borrowers could borrow shrinks. it is yet another place borrowers need to pay attention so they don't cross the liquidation boundary... Am I right?

0
28.03.2022

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