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INTRODUCTION

The First Cross-Chain Lending Platform Build on Aptos & Sui

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Vision

Support diversified secured assets, such as AMM LP Coin and NFT ,etc

- LP Coin holders can lend other Coin by pledge LP, instead of destroying LP in order to obtain liquidity

- Provides mining possibility for coin holders

- Holders of a single currency obtain interest income and liquidity through Supply Coin to provide airdrop rewards

- Excess liquidity is regularly invested in compound and other capital pools to generate secondary income

- Through cross-chain lending, the efficient transfer of multi-chain assets is realized

Lending

Supply & Borrow APY

What is APY?

- APY is Initialism of annual percentage yield.

- It intends the total amount of interest over one year.

- The annual percentage yield is expressed as an annualized rate.

- The adjustment of APY is based on the utilization rate of the asset.

Interest Rate Model

The loan interest rate calculation uses the kink point interest rate model (each type of Token is a market, and the interest rates between the markets do not interfere with each other)

- When the capital utilization rate of the current market is less than kink points (kink point is 80% by default)

- When the capital utilization rate in the market is greater than the kink point, interest rate growth will suddenly accelerate

- interest rate is increasing non-linearly

Loan Interest Allocation

The rules for the distribution of interest on LP mortgage are as follows

- 85% of interest income is allocated to the liquidity provider pool

- Interest income earned by users=userSupply*interestrate*0.85/TotalSupply

- 15% of interest income on Insurance Pool operation

- When the insurance pool is sufficient, the community can vote to buy back ABEL token or redistribute