Lending Vault

1.Utilization

Utilization refers to the proportion of funds used（borrowed) in ATE Finance Lending Vault for each asset.

Utilization = Total Borrowed / Total Deposit

On ATE Finance, the capital utilization rate determines the borrowing interest that borrowers have to pay, thereby the lending APR that lenders will receive.

Higher utilization will lead to higher interest rate which helps to dynamically balances fund supply and demand. For more details click here.

2.Lending APR

The lending interest for what you deposited in the vault. It calculates what percentage of the principal you'll get paid each year by depositing funds into the lending vault. If you deposit BNB, you will get BNB when withdrawing.

Lending APR =Borrowing APR*Utilization* 80%

You can estimate your annual interest income from this rate. But please note that this interest rate is a floating interest rate, which will be affected by the capital utilization of the lending pool, which is subject to the actual occurrence.

3.Staking APR

The yield rate of ATE token rewards earned by lenders who stakes ateTokens into the staking pool.

Staking APR = (Annual output of ATE from the pool * ATE price)/total value locked of the pool

4.Total Lending APR

This is the sum of the interest earned from lending and ATE rewards earned from staking.

Total Lending APR= Lending APR + Staking APR

5.Lending APY (compounding interest)

The annual percentage yield (APY) has taken into account the effect of compounding interest. Unlike simple interest, compounding interest is calculated under the daily return rule.

Lending APY accrues and auto-compounds in your ateTokens.

Staking APY is earned in ATE tokens by staking your ateTokens on the stake pool.

Assumes daily compounding. Staking will not stop your ateTokens from collecting lending APY. The total APY is calculated by adding the APRs of Lending and Staking, and then converting the sum into APY. You can check APR to APY conversion here.

Daily APR= APR/365

APY=（1+APR/365）^365 -1