Lending & Interest Rate Model

Updated on 31 Aug 2023

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

USDC Borrowing Interest Rate

USDT, VVS, SINGLE, MMF Borrowing Interest Rate

MUSD Borrowing Interest Rate

Other Tokens Borrowing Interest Rate

Arbitrum Chain's Lending Pool

WETH Borrowing Interest Rate

USDC, USDT Borrowing Interest Rate

Other Tokens Borrowing Interest Rate

Fantom Chain's Lending Pool

FTM Borrowing Interest Rate

USDC (Multichain), fUSDT (Multichain) Borrowing Interest Rate

Fee Parameters (Lending)

Lending Reserve Fee

Lending\;Reserve\;Fee = Borrowing\;interest \times 18\%\
  • 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.

Last updated