3/ With higher quality collateral you should be able to borrow more, and since you're using high quality collateral pay a lower

20 Oct 2023, 13:35
3/ With higher quality collateral you should be able to borrow more, and since you’re using high quality collateral pay a lower interest rate! Right now, markets are unfair by distributing borrowing cost to everyone regardless of the underlying asset, hindering new collateral

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Beta Finance
Beta FinanceBETA #570
Twitter
20 Oct 2023, 13:35
5/ To see read up on other changes coming with Omni, check out our blog post on Mirror! Omni is coming this November!
5/ To see read up on other changes coming with Omni, check out our blog post on Mirror. Omni is coming this November.
5/ To see read up on other changes coming with Omni, check out our blog post on Mirror! Omni is coming this November!
Beta Finance
Beta FinanceBETA #570
Twitter
20 Oct 2023, 13:35
4/ Omni’s risk-based interest rate model gives the cheapest and fairest rates for all tokens $USDC will have the cheapest and fairest rates to borrow and the most competitive yields for lenders on Omni Lenders are able to be earn high yield fairly for taking on higher risk
4/ Omni's risk-based interest rate model gives the cheapest and fairest rates for all tokens.
4/ Omni’s risk-based interest rate model gives the cheapest and fairest rates for all tokens $USDC will have the cheapest and fairest rates to borrow and the most competitive yields for lenders on Omni Lenders are able to be earn high yield fairly for taking on higher risk
Beta Finance
Beta FinanceBETA #570
Twitter
20 Oct 2023, 13:35
1/ Why are interest rates the same no matter the quality of the collateral in DeFi? Lenders are taking on higher risk by accepting tokens like $BETA or $CRV compared to $ETH as collateral🔺 Omni uses a novel risk-based interest rate model to give the cheapest and fairest rates🤩
1/ Why are interest rates the same no matter the quality of the collateral in DeFi.
1/ Why are interest rates the same no matter the quality of the collateral in DeFi? Lenders are taking on higher risk by accepting tokens like $BETA or $CRV compared to $ETH as collateral🔺 Omni uses a novel risk-based interest rate model to give the cheapest and fairest rates🤩