Stability Fee
Last updated
Last updated
When WCD is minted, Stability Fee immediately starts to accumulate, which the WCD minter pays when repaying minted WCD. This accumulated Stability Fee is the source of ‘WCD Earn’ Interest profit; thus meaning that WCD minted without collateral will never be paid out as WCD Earn Interest. This way, Kurrency can always maintain over-collateralization.
BSF for each collateral is as follows (*May change during Recovery Mode) :
Collateral Type | Base Stability Fee |
---|---|
WEMIX
5%
stWEMIX
5%
WEMIX$
3%