NFT Pool

Important parameters and formulas in Wing NFT Pool

Collateral Factor in NFT Pool

NFT Name	Collateral Factor
CryptoPunks	40%
MAYC	40%
BAYC	40%
Meebits	40%
Azuki	40%
CLONE X	40%

Reserve Factor in Flash Pool

NFT Name	Reserve Factor
CryptoPunks	10%
MAYC	10%
BAYC	10%
Meebits	10%
Azuki	10%
CLONE X	10%

Borrowing Interest Rate Model in NFT Pool

The Interest Rate Model is:

Borrow APR:

Optimal Utilization Rate: Uk Base rate: R0 The interest rate corresponding to the optimal capital utilization rate: Rk The interest rate when the capital utilization is 100% minus R0 and Rk: R100 Utilization rate: U Reserve Factor: r

• If U<Uk, Borrow APR=R0​+U/Uk​∗Rk​​​

• If U≥Uk, Borrow APR=R0​+Rk​+(U−Uk​)/(1−Uk​)∗R100​​​

Parameter Settings:

R0=3%

Rk=15%

R100=100%

Uk=60%

r=10%

Example：

When U=50%, Borrow APR=3%+50%/60%*15%=15.5%

When U=80%, Borrow APR=3%+15%+（80%-60%）/(1-60%)*100%=68%