Dear users:
The TRX market parameters were adjusted on Dec 26, 2022. After that, the borrow interest of the TRX market will decrease, which greatly improves the utilization rate of the TRX. At the same time, users who supply in TRX markets can still get high APY. Welcome to participate.
At the same time, JustLend DAO will constantly pay close attention to the TRX markets, and adjust the parameters of the TRX markets in real-time, which will promote the healthy and sustainable development of the TRX markets, and ensure the safty of users' assets.
The details of this adjustment are as follows:
Market Parameters:
The collateral factor of the TRX market is 75%, while its reserve factor is 10%. The interest rate rockets to a higher tier when the utilization rate exceeds 80%. Its APY hits 200% when the utilization rate reaches 100%. Supply and borrow APYs at different utilization rates are as follows, and the Token Borrow Cap of the TRX market is unlimited:
|
Utilization rate |
Borrow Base APY |
Supply Base APY |
|
0% |
2.00% |
0.00% |
|
10% |
4.88% |
0.44% |
|
20% |
7.75% |
1.40% |
|
30% |
10.63% |
2.87% |
|
40% |
13.50% |
4.86% |
|
50% |
16.38% |
7.37% |
|
60% |
19.25% |
10.40% |
|
70% |
22.13% |
13.94% |
|
80% |
25.00% |
18.00% |
|
90% |
112.50% |
91.13% |
|
100% |
200.00% |
180.00% |
Thank you for your support.
JustLend DAO
Dec 26, 2022(SGT)