Avior Protocol — Lending

Earn interest on your assets. Safely lend your assets to earn passive income.

What protocol do you use for lending?

Avior Protocol is a transparent, autonomous money market — allowing users & applications to frictionlessly earn interest or borrow on Multichain assets without relying on a counterparty.

How are interest rates set?

Interest rates are a function of the liquidity available in each market, and fluctuate in real-time based on supply and demand. When liquidity is plentiful, interest rates are low. As liquidity becomes scarce, interest rates increase, incentivizing new deposits and the repayment of borrowing.

You aren’t locked into an interest rate — expect it to change every day.

How is interest calculated?

The interest rates you see in the Interface are quoted as annual interest rates. Interest accrues each Ethereum block; every ~15 seconds, your balance will increase by (1/2102400) of the quoted interest rate.

How do I earn interest?

When you deposit assets to the Avior Protocol, you’ll receive cTokens, which represent your balance in the protocol. Simply by holding a cToken (in your wallet, or even in cold storage), you earn interest.

The exchange rate between cTokens and the underlying asset is arbitrary — but over time, the exchange rate improves at a rate equal to the market interest rate; your cTokens will be convertible into a larger quantity of the asset than you supplied.

Aside from the gas costs of submitting an Network transaction, there are no costs or fees to deposit assets.