Intro
$FOLKS, the Folks Finance’s cross-chain token, will be listed in the Algorand ecosystem market. Deposits will be also incentivized with Folks Season 2 points.
Below the pool parameters:
| Parameters | FOLKS | |
| Variable Base (RV0) | 1% | |
| Variable Slope 1 (RV1) | 9% | |
| Variable Slope 2 (RV2) | 200% | |
| Stable Additional Base Rate (RS0) | 1% | |
| Stable Slope 1 (RS1) | 1% | |
| Stable Slope 2 (RS2) | 200% | |
| Stable Excess Rate (RS3) | 40% | |
| Optimal Utilisation Ratio (Uopt) | 50% | |
| Optimal Stable to Total Debt Ratio (Oratio) | 10% | |
| Rebalance Up Utilisation Ratio (URU) | 85% | |
| Rebalance Up Deposit Interest Rate Percentage (DIRRU) | 75% | |
| Rebalance Down Delta (RD) | 20% | |
| Retention Rate (RR) | 20% | |
| Flash Loan Fee | 0,10% | |
| Borrow Cap ($) | $50.000 | |
| Single Stable Borrow Percentage Cap | 1,00% | |
| — | — | |
| Isolated market parameters | FOLKS | |
| Collateral Factor | 40,00% | |
| Borrow Factor | 150,00% | |
| Collateral Cap ($) | $75.000 | |
| Liquidation Max | 50,00% | |
| Liquidation Bonus | 20,00% | |
| Liquidation Fee | 15,00% |