Skip to content

fix dead link #1

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Open
wants to merge 1 commit into
base: main
Choose a base branch
from
Open

fix dead link #1

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
2 changes: 1 addition & 1 deletion overview/protocol-fees.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -19,7 +19,7 @@ If a Credit Account is liquidated, some percentage goes to a third-party liquida

The protocol takes spread as a fee between the APY which liquidity providers recieve and the fee & farmers pay for borrowing their assets. The exact value of this fee is calculated as following:

* Each pool has it’s interest rate curve. This interest rate curve represents borrow APY that lenders receive as a function of pool’s utilization r(u). See details and formulas at [dev docs](https://dev.gearbox.fi/docs/documentation/pools/intro/#rt---borrow-apy).
* Each pool has it’s interest rate curve. This interest rate curve represents borrow APY that lenders receive as a function of pool’s utilization r(u). See details and formulas at [dev docs](https://dev.gearbox.finance/docs/documentation/pools/intro#rt---borrow-apy).
* Borrowers pay borrow APY to liquidity providers and pay spread fee to DAO spreadFee. That means effective borrow rate for borrowers is calculated as r(u)\*(1+spreadFee). DAO receives r(u)\*spreadFee.

{% content-ref url="../liquidity-providers/pools-and-apy.md" %}
Expand Down