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Rafael-Yahlomi

What the prime boost means? If I borrow USDC in

9.8% and the prime boost is -7.8%, will my net borrowing fee with be 2%? or the prime boost isn't received automatically and I need to do something else to get it?

#blockchain #cryptocurrency #english #venus
0

4 ответов

25 просмотров
NoOneVII | Serhan |-

You get Venus Prime when you stake at least 1k XVS in the Vault for 90 days A calculator will be added to our dapp and you will be able to calculate more easily. For now, you can read the document below. https://docs-v4.venus.io/whats-new/prime-yield

0
11 месяцев назад
Rafael-Yahlomi Автор вопроса
NoOneVII | Serhan |
You get Venus Prime when you stake at least 1k XVS...

Too much math for me there - in simple words, if I stake XVS for > 90 days, then on which value I'm entitled for rewards? let's say that I borrowed 100k USDT and the boost reward is 7.8% - will I get it based on the 100k USDT or on my XVS holdings?

0
11 месяцев назад
NoOneVII | Serhan |-
Rafael Yahlomi
Too much math for me there - in simple words, if I...

Boos Apyt for Venus Prime is given through native asset, so in your example it is added as USDT

0
11 месяцев назад
Rafael-Yahlomi Автор вопроса
NoOneVII | Serhan |
Boos Apyt for Venus Prime is given through native ...

Thanks. so the 7.8% (just for the example) will be out of the $100k USDT, right? meaning $7800?

0
11 месяцев назад

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