Glossary
The building blocks that make up our protocol
Summary of terminology
Total Supply
Total amount of an asset that has been supplied to the liquidity pool.
Total assets added to a pool.
Total Borrow
Total amount of an asset that has been borrowed from the liquidity pool, including accrued interest.
Total loans plus interest in a pool.
Supply APY
The annual percentage yield (APY) that depositors receive for supplying an asset to the pool. This APY is compounding, meaning that interest is earned on the aggregate of the original deposited amount and accrued interest.
Annualised interest % lenders earn for depositing money.
Borrow APY
The annual percentage yield (APY) that borrowers pay for borrowing an asset from the liquidity pool. This APY is compounding, meaning that interest is charged the aggregate of the original borrowed amount and accrued interest.
Annualised interest % that borrowers have to pay for taking out a loan.
Liquidity
The amount of an asset (in dollar value) that is currently available in the liquidity pool to be lent out.
Amount available to be borrowed from a pool.
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