Incentives

Lenders receive variable interest rates and borrowers can choose between fixed or variable rates. On top of the interest rates earned and paid by lenders and borrowers, fees generated by the protocol are shared:

· 70% to the liquidity providers

· 20% to the governance pool

· 10% to reserve pool

Fees charged by the protocol are:

  • Loan Origination Fee: 0.001% of the borrowed amount (Link)

  • Flash-Loan Fee: 0.06% of the borrowed amount (Link)