NFT Pool
Important parameters and formulas in Wing NFT Pool
NFT Name | Collateral Factor |
CryptoPunks | 40% |
MAYC | 40% |
BAYC | 40% |
Meebits | 40% |
Azuki | 40% |
CLONE X | 40% |
NFT Name | Reserve Factor |
CryptoPunks | 10% |
MAYC | 10% |
BAYC | 10% |
Meebits | 10% |
Azuki | 10% |
CLONE X | 10% |
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%
Last modified 1mo ago