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Demand curve parameters explained: Loan Token Rates

Open jjmr007 opened this issue 4 years ago • 1 comments

Technical description about how interest rates are re-adjusted

KEY WORDS: #kinkLevel, #demandCurve, #interestRate, #utilisationRate

jjmr007 avatar Jun 17 '21 02:06 jjmr007

Just as reference we can see this deploying code

targetLevel=0 # unused -> that's why 0 this parameter initially means minimum interest rate regardless utilization rate, meaning that interest rate = interest rate < targetLevel ? targetLevel : interest rate just for understanding, we don't use it

jjmr007 avatar Jun 17 '21 02:06 jjmr007