Dear users:
The USDC and BUSD market parameters were adjusted on Jan 22, 2023. At the same time, users who supply in USDC and BUSD markets can still get high APY. Welcome to participate.
At the same time, JustLend DAO will constantly pay close attention to the USDC and BUSD markets, and adjust the parameters of the USDC and BUSD markets in real-time, which will promote the healthy and sustainable development of the USDC and BUSD markets, and ensure the safty of users' assets.
The details of this adjustment are as follows:
Market Parameters:
- The collateral factor of the USDC market is 75%, while its reserve factor is 5%. The USDC market adopts the same interest model as USDT does, where the interest rate rockets to a higher tier when the utilization rate exceeds 80%. Its APY hits 26.8% when the utilization rate reaches 100%. Supply and borrow APYs at different utilization rates are as follows, and the Token Borrow Cap of the USDC market is unlimited.
- The BUSD market adopts the same interest model as USDC does.
Utilization rate |
Borrow Base APY |
Supply Base APY |
0% |
0.00% |
0.00% |
10% |
0.63% |
0.06% |
20% |
1.25% |
0.24% |
30% |
1.88% |
0.53% |
40% |
2.50% |
0.95% |
50% |
3.13% |
1.48% |
60% |
3.75% |
2.14% |
70% |
4.38% |
2.91% |
80% |
5.00% |
3.80% |
90% |
15.90% |
13.59% |
100% |
26.80% |
25.46% |
Thank you for your support.
JustLend DAO
Jan 22, 2023(SGT)