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Interest Calculations
Interest Calculations
Robin avatar
Written by Robin
Updated this week

APY (Annual Percentage Yield)

what is shown to the lender

((1 + Interest_Per_Duration / 100) ^ (365/Days_in_term) - 1) × 100

Interest (BTC) Paid

what the borrower pays in interest on a loan

Loan_Amount * (((APY/100) + 1)^(Days_in_term/365) - 1)

Interest Rate Per Duration

what is shown to the borrower

100 * (((APY/100) + 1)^(Days_In_Term/365) - 1)

Liquidium Platform Fee

Liquidum charges 20% of the interest generated on loans which can be reduced by holding Liquidium tokens.

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