VivaLeva
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  • USDC Interest Model
  • ETH Interest Model
  1. Protocol Overview
  2. Parameters

Interest Model

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Last updated 1 year ago

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.

Symbols
Description

Utilization Rate

Borrower Interest Rate

Lender Interest Rate

Lending Performance Fee Rate

Borrower Interest Rate (%)

borrowerInterestRate=f(u)={110u(0≤u≤50%)5%(50%<u≤90%)14.5u−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}borrowerInterestRate=f(u)=⎩⎨⎧​101​u(0≤u≤50%)5%(50%<u≤90%)14.5u−1300(90%<u)​

Lender Interest Rate (%)

lenderInterestRate=g(u,p)=(1−p)⋅u⋅f(u)lenderInterestRate = g(u, p) = (1-p)\cdot u \cdot f(u)lenderInterestRate=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.

Symbols
Description

Utilization Rate

Borrower Interest Rate

Lender Interest Rate

Lending Performance Fee Rate

Borrower Interest Rate (%)

borrowerInterestRate=f(u)={13u(0≤u≤60%)20%(60%<u≤90%)13u−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}borrowerInterestRate=f(u)=⎩⎨⎧​31​u(0≤u≤60%)20%(60%<u≤90%)13u−1150(90%<u)​

Lender Interest Rate (%)

lenderInterestRate=g(u,p)=(1−p)⋅u⋅f(u)lenderInterestRate = g(u, p) = (1-p)\cdot u \cdot f(u)lenderInterestRate=g(u,p)=(1−p)⋅u⋅f(u)

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f(u)f(u)f(u)
g(u,p)g(u, p)g(u,p)
ppp
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f(u)f(u)f(u)
g(u,p)g(u, p)g(u,p)
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VivaLeva USDC InterestModel
VivaLeva ETH InterestModel