Gm Silonauts. (Say it back). Clarification on our deposit and borrow rates:. • Borrowers do NOT pay fees.
24 Oct 2023, 17:28
Gm Silonauts! (Say it back)
Clarification on our deposit and borrow rates:
• Borrowers do NOT pay fees
• A fee is levied on earned interest. If a borrower pays $1 in interest, $0.75 accrues to depositors & $0.25 to SiloDAO
• The app displays net Deposit APRs after fees