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# Parameters

$\begin{align*} \eta = 10\% \end{align*}$

$\begin{align*} \lambda_r = 0\% \end{align*}$

The treasury fee refers to the percentage of interest rate charges paid by borrowers that the protocol retains for its treasury.

Text | WETH | DAI | USDC | WBTC | wstETH | OP |
---|---|---|---|---|---|---|

Variable Rate Pools | | | | | | |

$A$ = | 1.9362e-2 | 1.7852e-2 | 1.4844e-2 | 3.6184e-2 | 1.9362e-2 | 2.8487e-2 |

$B$ = | -1.787e-3 | -2.789e-3 | 1.9964e-4 | -1.5925e-2 | -1.787e-3 | -5.8259e-3 |

$U_{max}$ = | 1.003870947 | 1.003568501 | 1.002968978 | 1.007213882 | 1.003870947 | 1.005690787 |

Fixed Rate Pools | | | | | | |

$A$ = | 3.8126e-1 | 3.9281e-1 | 3.9281e-1 | 3.697e-1 | 3.8126e-1 | 3.5815e-1 |

$B$ = | -3.6375e-1 | -3.7781e-1 | -3.7781e-1 | -3.497e-1 | -3.6375e-1 | -3.3564e-1 |

$U_{max}$ = | 1.000010695 | 1.000014451 | 1.000014451 | 1.000007768 | 1.000010695 | 1.000005527 |

Text | WETH | DAI | USDC | WBTC | wstETH | OP |
---|---|---|---|---|---|---|

$ho$ (borrow/lend) | 0.8400 | 0.9000 | 0.9100 | 0.8500 | 0.8200 | 0.3500 |

We associate a Risk-Adjust Factor to each asset to assess each collateral asset's borrow and lending power.

$\begin{align*} \delta = 10\% \end{align*}$

$\delta$

is the fraction of the fixed interest rate fees retained by the Variable Rate Pool upon leaving the Fixed Rate Pool.$\begin{align*} \beta_{slow} = 0.0046 \end{align*}$

The time decay parameter is used when the supply is above average.

$\begin{align*} \beta_{fast} = 0.4000 \end{align*}$

The time decay parameter is used when the supply is below average.

$\begin{align*} \Gamma = 1.25 \end{align*}$

$\begin{align*} \nu_{liquidator} = 5.00\% \\ \nu_{bad-debt} = 0.25\% \end{align*}$

During the liquidation process, the liquidator gets a commission fee, and the Variable Rate Pool receives a percentage of extra liquidation fees to compensate for potential bad debt residuals.

$\begin{align*} \xi_{extearn} = 2.00 \end{align*}$

$\begin{align*} 2.00\% \end{align*}$

Daily penalty rate fee charged to fixed interest rate borrowers who didn't pay their loans before the maturity day.

Last modified 2d ago