Last updated
Last updated
GONDI Pools calculate the loan principal amount by taking the smaller of two values: a percentage of the current floor price or a percentage of the historical trailing floor price of the collection. The specific percentage depends on the loan duration. This approach ensures prudent offers even with rapid increases in floor prices.
PremiumRate(U) = minAprPremium + utilizationFactor * U
minAprPremium = 0.03
utilizationFactor = 0.1
Utilization: 0 <= U <= 1
(Wrapped Cryptopunks & 721 Cryptopunks Wrapper)
Last updated: July 10, 2024