Glossary

Lending APR

Annualized interest rate earned by lenders by providing their assets to farmers. Depends on the utilization rate of the lending pools.

Staking APR

Annualized interest rate of VIVA token reward from staking ibtokens. (0% before the VIVA token launch.)

ibTokens

Interest-bearing tokens which works as a proof of deposit.

Total APR

Sum of lending APR and staking APR.

Utilization Rate

Ratio of the borrowed amount to the total lending pool deposit amount.

Total Supply

Total amount of lender deposit.

Total Borrowed

Total amount of asset borrowed by farmers.

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