In the lending market of WePiggy - Harmony, the deposit rate comes from the borrowing rate paid by the borrower and changes with the utilization rate.
Deposit Rate Fomula
R**D** = R**B**_(1-reserveFactor)UtilizationRate_
Deposit Interest Rate Curves for the Listed Assets
Based on the borrow rate model of each asset and the setting of reserve factor, we can get the current deposit interest curve of WePiggy - Harmony in each asset market.
Parameters
| Asset | U**kink** | R**0** | R**1** | R**2** | Reserve Factor |
|---|---|---|---|---|---|
| BUSD | 80% | 0% | 4% | 75% | 10% |
| USDC | 80% | 0% | 4% | 75% | 10% |
| USDT | 80% | 0% | 4% | 75% | 10% |
| DAI | 80% | 0% | 4% | 75% | 10% |
| ETH | 65% | 0% | 8% | 100% | 20% |
| WBTC | 65% | 0% | 8% | 100% | 20% |
| ONE | 80% | 2% | 28% | 120% | 25% |
BUSD | USDC | USDT | DAI Deposit Rate Curve
ETH | WBTC Deposit Rate Curve
ONE Deposit Rate Curve
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