OLD: V1-V2 Pools
This page refers to the information about old V1-V2.1 pools.
The pools below are the old V1-V2.1 ones.
How was APY calculated in V1-V2.1?
Capital is required for traders and farmers to get leverage for their financial operations. For this, there are Liquidity Pools: anyone can become a liquidity provider by supplying assets in the Liquidity Pool. The profitability of LPs depends on the pool utilization ratio U - the higher utilization, the higher interest rate. See a bit more on the Protocol Fees page.
Borrow APY is calculated according to formula
V2-V2.1 Pool Caps
Latest update: pool limits are effectively lifted. Any actual caps are just required by the architecture to have *some* number and can be lifted without a vote if the TVL approaches them. As for the min-max personal borrow limits, they have been established by another vote: GIP-21, then GIP-71.
Last updated