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Lending & Interest Rate Model

Updated on 13 Dec 2022
Single Finance adopts a triple-slope interest rate model to determine borrowing interest rates. Different assets shall employ different parameters of the same model.

Borrowing Interest = Multiplier * Utilization + Base Rate

Lending Interest = Borrowing Interest * Utilization * (1 - Lending Reserve Fee)

Cronos Chain's Lending Pool

CRO Borrowing Interest Rate

Utilization Range
Minimum Interest Rate
Maximum Interest Rate
Multiplier
Base Rate
0%-50%
0%
17%
0.34
0
50%-90%
17%
35%
0.45
-0.055
90%-100%
35%
100%
6.5
-5.5

USDC, USDT, VVS, SINGLE, MMF Borrowing Interest Rate

Utilization Range
Minimum Interest Rate
Maximum Interest Rate
Multiplier
Base Rate
0%-50%
0%
10%
0.2
0
50%-90%
10%
15%
0.125
0.0375
90%-100%
15%
100%
8.5
-7.5

MUSD Borrowing Interest Rate

Utilization Range
Minimum Interest Rate
Maximum Interest Rate
Multiplier
Base Rate
0%-50%
0%
1%
0.02
0
50%-90%
1%
3%
0.05
-0.015
90%-100%
3%
100%
9.7
-8.7

DARK, NESS, VERSA, ARGO Borrowing Interest Rate

Utilization Range
Minimum Interest Rate
Maximum Interest Rate
Multiplier
Base Rate
0%-50%
0%
15%
0.3
0
50%-90%
15%
25%
0.25
0.025
90%-100%
25%
100%
7.5
-6.5

Fantom Chain's Lending Pool

FTM Borrowing Interest Rate

Utilization Range
Minimum Interest Rate
Maximum Interest Rate
Multiplier
Base Rate
0%-50%
0%
21%
0.42
0
50%-90%
21%
25%
0.1
0.16
90%-100%
25%
35%
1
-0.65

USDC, fUSDT Borrowing Interest Rate

Utilization Range
Minimum Interest Rate
Maximum Interest Rate
Multiplier
Base Rate
0%-50%
0%
8%
0.16
0
50%-90%
8%
12%
0.1
0.03
90%-100%
12%
100%
8.8
-7.8

Fee Parameters (Lending)

Lending Reserve Fee

  • All 18% goes to Buyback and Burn of SINGLE.
Please note that the APR/APY shown already factored in this fee, what you see is what you get.