Venus Announces Interest Rate Model Upgrades
Published in
May 9, 2022
In order to optimize for risk management, competitive supply rates, and increased revenue, the interest rate models for certain assets have been adjusted according to VIP 58 which was recently voted on by the Venus community.
Updates
For all assets included in the recently passed VIP 58 (ADA, BCH, BETH, BTC, DOGE, ETH, FIL, LINK, LTC, SXP, XRP), interest rate model curves have been steepened with an increased rate multiplier. Kinks (rate jumps) have also been added to ensure supply rates remain competitive and utilization remains low enough to ensure supplier withdrawal liquidity.
Details
The graphs below represent the parameter changes for each of the impacted markets.
