VivaLeva team optimizes the interest model to benefit users according to UR conditions. The interest model can be updated after a 72-hour notice period.
USDC Interest Model
Borrowing interest and lender interest of USDC in VivaLeva is calculated based on triple-slope-model, following the formula below.
Lending Performance Fee Rate
Borrower Interest Rate (%)
b o r r o w e r I n t e r e s t R a t e = f ( u ) = { 1 10 u ( 0 ≤ u ≤ 50 % ) 5 % ( 50 % < u ≤ 90 % ) 14.5 u − 1300 ( 90 % < u ) borrowerInterestRate = f(u) = \begin{cases} \frac{1}{10}u \quad (0 \le u \le 50\%) \\ 5\% \quad (50\% < u \le 90\%) \\ 14.5u - 1300 (90 \% < u) \end{cases} b orro w er I n t eres tR a t e = f ( u ) = ⎩ ⎨ ⎧ 10 1 u ( 0 ≤ u ≤ 50% ) 5% ( 50% < u ≤ 90% ) 14.5 u − 1300 ( 90% < u ) Lender Interest Rate (%)
l e n d e r I n t e r e s t R a t e = g ( u , p ) = ( 1 − p ) ⋅ u ⋅ f ( u ) lenderInterestRate = g(u, p) = (1-p)\cdot u \cdot f(u) l e n d er I n t eres tR a t e = g ( u , p ) = ( 1 − p ) ⋅ u ⋅ f ( u )
ETH Interest Model
Borrowing interest and lender interest of ETH in VivaLeva is also calculated based on triple-slope-model, following the formula below.
Lending Performance Fee Rate
Borrower Interest Rate (%)
b o r r o w e r I n t e r e s t R a t e = f ( u ) = { 1 3 u ( 0 ≤ u ≤ 60 % ) 20 % ( 60 % < u ≤ 90 % ) 13 u − 1150 ( 90 % < u ) borrowerInterestRate = f(u) = \begin{cases} \frac{1}{3}u \quad (0 \le u \le 60\%) \\ 20\% \quad (60\% < u \le 90\%) \\ 13u - 1150 (90 \% < u) \end{cases} b orro w er I n t eres tR a t e = f ( u ) = ⎩ ⎨ ⎧ 3 1 u ( 0 ≤ u ≤ 60% ) 20% ( 60% < u ≤ 90% ) 13 u − 1150 ( 90% < u )
Lender Interest Rate (%)
l e n d e r I n t e r e s t R a t e = g ( u , p ) = ( 1 − p ) ⋅ u ⋅ f ( u ) lenderInterestRate = g(u, p) = (1-p)\cdot u \cdot f(u) l e n d er I n t eres tR a t e = g ( u , p ) = ( 1 − p ) ⋅ u ⋅ f ( u )
