docs: update-multi-kink-ir-curve-section #34
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wdotsol
reviewed
May 16, 2025
| ## Multi-kink Borrow Interest Rate Curve | ||
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| Same logic as abbove for low, predictable rates up to “optimal”. After optimal the penalty jumps at 85 % / 90 % / 95 % / 99 % / 99.5 % utilization. This design allows for more aggressive max utilization rates while not adding too much rate volatility near optimal rate. |
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