tgoop.com/moola_market/29
Last Update:
Everyone should now be able to access app.moola.market.
What's new?
We've added support for the new MOO market which means that MOO owners can deposit their tokens to earn compound interest, borrow agains the value of their MOO, and/or borrow MOO.
MOO Parameters and Addresses:
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Max LTV = 50%
Liquidation Threshold = 65%
Liquidation Bonus = 10%
Revenue Factor = 10%
Currently there are no incentives or subsidies for MOO markets but we will evaluate this over the coming weeks.
Additionally, we've separated out the market borrow interest rate (APR) from the CELO subsidized borrow interest rate because some users were confused why their debt amount increased when we showed a negative interest rate. Deposit liquidity rates (APY) are still cumulative and include the market rate plus any MOO subsidy.
We've also added links to Celo.Tax on the landing page and in the 'connect with us' section
BY Moola Market
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tgoop.com/moola_market/29