Rate

Last Updated on Mar. 6, 2024

Rate Mechanism

• Basic interest rate:

  • The interest rate for Ducklen's self-built trading pool is calculated by using the external collective interest rate price in the interest rate formula.

  • $r(x) = x * e^{1 - t/rbs}$

• Floating basis:

  • Fluctuations in the price of DET will impact the opening option's elements and the interest repayment price. The DET price reflects the difference in interest rates caused by actual market supply and demand.

Rate Comparison Chart

TBD