Parameters update ($)
Borrow Caps:
- USDC: 5,000,000 → 6,500,000
- EURS: 120,000 → 150,000
- wAVAX: 75,000 → 112,500
- wSOL: 75,000 → 112,500
Collateral Caps (General Loans):
- wBTC: 100,000 → 150,000
- wETH: 100,000 → 150,000
- wAVAX: 70,000 → 100,000
- wSOL: 70,000 → 100,000
- GOLD: 150,000 → 175,000
- SILVER: 150,000 → 175,000
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Will the flexible rate of USDC loans be so high at times ? When it jumps to 30% at times feels like a rip off. Shouldn’t there be any reasonable max cap ?
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Hi, this is how the interest rates work Interest rate model | Folks Finance V2. The max % it can hit is 106.75% APY. The borrow Apy will drop as soon as more liquidity enters in the pool
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