
Extra Finance · Reads onchain state
Reads what an Extra Finance reserve pays lenders, as an annual rate and as the APY it compounds to. Lenders earn the borrowing rate on the share of the reserve the farming vaults have borrowed, less the reserve fee the treasury keeps; the action reads all three from the pool and combines them at 18 decimals. The rate moves with every deposit, redemption, borrow, and repayment. Reach for it to gate a deposit on a minimum yield, to compare reserves that lend the same asset, or to redeem when the yield falls below a floor.
On other protocols · 1