Detailed policy of Supply & Borrow

Supply APY (%) and Borrow APY (%) are subject to change based on real-time conditions.
KSP Distribution APY (%) refers to the estimated annual APY that can be earned from the KSP distributed in the pool.
Borrow APY (%) is the calculated interest rate representing the annual Borrow fee that must be paid when borrowing assets.
All figures are real-time estimates and may differ from actual results.

Users can freely remove their supplied assets and earned rewards at any time. In addition to supply rewards, KSP rewards are distributed for contributing to liquidity supply. The total supply APY for each supply pool is the sum of the supply reward APY and the KSP distribution APY.
The supply reward APY (%) and KSP distribution APY (%) for each supply pool are real-time values that fluctuate based on the total supply in the pool, supply/borrow status, and daily KSP distribution quantity.
Upon initial liquidity supply, an approval transaction must be completed for each token, after which users can continue supplying liquidity.
80% of the accumulated borrow fees paid by users are distributed to liquidity suppliers as supply rewards, while 20% is accumulated in reserves for use in exceptional situations where borrowed assets are not returned properly or for KSP buybacks.
The rewards, based on the real-time supply APY, accumulate on the supplied assets (principal), and users can remove the accumulated rewards along with their principal upon removal.
When there are balance changes (additional supply/removal), the KSP rewards distributed up to that point are automatically received in the user's wallet.

The Borrow feature is currently being prepared for an update, and detailed policies will be provided with the update.

The Borrow feature is currently being prepared for an update, and detailed policies will be provided with the update.

Last updated 2 months ago