A lending pool is a smart contract that takes deposits of a token from suppliers and lends them to borrowers who post other tokens as collateral, paying suppliers the interest borrowers pay less a share kept by the protocol. A kinked interest-rate curve sets the borrow rate as a function of the pool’s utilisation, rising gently up to a target utilisation and steeply beyond it.
Quantitative Finance · शब्दावली
Lending pool, kinked interest-rate curve क्या है?
अन्य नाम: lending pool · kinked interest-rate curve