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HomeCrypto NewsCrypto Exchange Mango Markets Considers Raising Interest Rates for Popular Tokens

Crypto Exchange Mango Markets Considers Raising Interest Rates for Popular Tokens

All tokens pools at 50% utilization – meaning half of user-supplied tokens are being lent out – would offer 1.8% interest under the proposal, an increase from the existing rate of zero. That utilization level is also lower than the current 70% at which effective interest rates increase or decrease based on how strained a pool has become.

www.coindesk.com

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