The 19% Lending Performance Fee will be distributed as followed:
- 10% to the ALPACA token holders
- 6% to Governance Vault stakers
- 4% to Buyback and Burn
- 9% to Dev Fund
We set each asset's factors based on their individual risk profiles, each asset will be categorized within one of three potential tiers that vary in their restrictions, in order to better mitigate risk. For detailed information, please visit here.
*Max. Collateral Cap and Max. Borrow Cap are denominated in each asset.
We employ a double-slope interest rate model to determine the borrowing interest rate. See details below:
Borrowing Interest = m * Utilization + b
Lending Interest = Borrowing Interest * Utilization * (1 - Lending Performance Fee)