SolFarm Lending Reserves supports single asset deposit for many assets
Deposits for the assets above will receive a variable interest rate based on reserve utilization based on the following curve. SolFarm takes 10% on any interest charged.
IMPORTANT: Borrowing is paused when utilization reaches 95%. This is to allow some space for users to withdraw. If there is no space/utilization is too high, you may not be able to withdraw.
When a user deposits into SolFarm's lending pool, they receive a collateral token in the form of a tuAsset token (ie. tuUSDC, tuUSDT, tuSOL, etc). This token represents your share of the lending pool and is needed to redeem your funds.
There is no utility for the token other than redemption from SolFarm's lending pool.
Examples of tuAssets
Interest Rate Curve
We have implemented a more competitive curve for RAY lending found below, this is to ensure rates remain competitive enough due to RAY single staking APY.