For Fraxlend, example Fxs-Frax pair. Borrow is 20% apr and

lend is 15%. Does it mean 20% to borrow Fxs and 15% to lend Frax? I don’t get what the apr means

cryptocurrency english frax

7 ответов

Yes - because the rate for borrowing is paid to all lenders and only part of the lending capacity of lending is utilized - for example if there was $1000 deposited by lenders and that $1000 was borrowed then the borrow and lend apr would be the same

Jason- Автор вопроса
Mark11
Yes - because the rate for borrowing is paid to al...

So I should put in Fxs and collateral and loan out Frax?

Jason
So I should put in Fxs and collateral and loan out...

The the borrow and lend apy is only for the FRAX - the FXS/FRAX pair only allows you to deposit FXS as collateral (allowing you to borrow FRAX) and if you want to be a lender in this pair you can deposit FRAX which ppl can borrow against their FXS collateral at the apr rate

Jason
So I should put in Fxs and collateral and loan out...

You could run a strategy where you post a different type of collateral like WBTC or WETH borrow Frax and then earn on the spread

Jason- Автор вопроса

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