Interest rate

Utilization ratio

$$Utilization Ratio=(TotalBorrowed/PoolLiquidity)*100$$

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Deposit APR

$$DepositAPR=BorrowAPR∗(1−reserveFactor)$$

• Leveraged yield farm will pay 80% of the accumulated interest earnings to a Lender, 20% will be set aside as reserves, and will later be used as a reserve fund for MESH Buyback & Burn.

• reserve Factor = 0.2

Borrow APR

$$BorrowAPR=BorrowingRateModel*Utilization$$

Borrowing Rate Model

*Please note the MESH interest rate model is different from other tokens.

WMATIC / WETH / WBTC / USDT / DAI /USDC / oMATIC / oXRP / oKLAY / oKSP / oORC / oTON / BUSD

Utilization Ratio	Borrwoing Rage Range	Logic
0%~60%	0%~20%	Borrowing Rate = Utilization / 3
60%~90%	20%	Borrowing Rate = 0.2
90%~100%	20%~100%	Borrowing Rate = Utilization * 8 - 7

MESH

Utilization Ratio	Borrowing Rate Range	Logic
0%~60%	0%~20%	Borrowing Rate = Utilization / 3
60%~90%	20%	Borrowing Rate = 0.2
90%~100%	20%~300%	Borrowing Rate = Utilization * 28 - 25