Interest Rates

Find information about interest rates and their parameters on Euler

Introduction

While we eventually plan to move to a reactive interest rate model that will optimise for utilisation, we start off with a standard kink model. The parameters of our kink model are:

1. Base IR (APY when utilisation is 0%)

2. Kink IR (APY when utilisation is exactly Kink%)

3. Max IR (APY when utilisation is 100%)

4. Kink% (Percent utilisation where kink occurs)

The main consideration is maintaining target utilisation (typically at Kink%).

*stETH (current Lido staking APY)