# Interest Rate Model ## APY Function **Borrow APY** \= \[1 + Base + Multiplier \* min(UtilizationRate, Kink) + max(JumpMultiplier \* UtilizationRate - Kink, 0)] ^ 10512000 - 1 **Supply APY** \= Distribute (Interest Paid by Borrowers Per Block - Reserve) to all suppliers, and convert it into APY \= Distribute \[(1 + Borrow APY) ^ (1 / BlocksPerYear) - 1] \* Total Borrow \* (1 - Reserve Factor) to all suppliers, and convert it into APY \= {\[(1 + Borrow APY) ^ (1 / BlocksPerYear) - 1] \* Total Borrow \* (1 - Reserve Factor) / Total Supply}, and convert it into APY \= {1 + \[(1 + Borrow APY) ^ (1/BlocksPerYear) - 1] \* Total Borrow \* (1 - Reserve Factor) / Total Supply} ^ BlocksPerYear - 1 \= **{1+\[(1+Borrow APY)^(1/BlocksPerYear)-1]\*(1-Reserve Factor)\*Utilization Rate}^BlocksPerYear-1** {% hint style="info" %} BlocksPerYear = 10,512,000 (3 sec per block) {% endhint %} {% hint style="info" %} Find other variables in [Markets](https://app.cream.finance/markets) {% endhint %} ## Major ![](https://2999181904-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MKJWcUfnKdJ1BjWKoMM-3537057746%2Fuploads%2Fgit-blob-fd8270f2df647931e41882256105cf69c2cda585%2F%E6%88%AA%E5%9C%96%202021-07-19%20%E4%B8%8B%E5%8D%888.20.00.png?alt=media) | Parameter | Value | | ---------------- | -------------------------------------------------------------------------------------------------------------------- | | Category | Major | | Tokens | BTCB, XRP, LTC, BCH, ETH, ADA, EOS, XTZ, renBTC, renZEC, BETH, WBNB | | Base | 0% | | Multiplier | 15% | | JumpMultiplier | 200% | | Kink 1 | 80% | | Kink 2 | 90% | | Contract Address | [0xd68F6C83E160d86bF1fC0120a0D96A74cF291Bff](https://bscscan.com/address/0xd68F6C83E160d86bF1fC0120a0D96A74cF291Bff) | ## Stable ![](https://2999181904-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MKJWcUfnKdJ1BjWKoMM-3537057746%2Fuploads%2Fgit-blob-b3796be6abe993bd2433d4f48e7c35d92e845e5b%2F%E6%88%AA%E5%9C%96%202021-07-19%20%E4%B8%8B%E5%8D%888.21.58.png?alt=media) | Parameter | Value | | ---------------- | -------------------------------------------------------------------------------------------------------------------- | | Category | Stable | | Tokens | BUSD, USDT, DAI, USDC, VAI | | Base | 0% | | Multiplier | 18% | | JumpMultiplier | 800% | | Kink 1 | 80% | | Kink 2 | 90% | | Contract Address | [0x8122E8585724BFd0A5964847fAe47c949B90B899](https://bscscan.com/address/0x8122E8585724BFd0A5964847fAe47c949B90B899) | ## Governance + Seed ![](https://2999181904-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MKJWcUfnKdJ1BjWKoMM-3537057746%2Fuploads%2Fgit-blob-a5947f80f385d17142ddff638e873cb235c572a3%2F%E6%88%AA%E5%9C%96%202021-07-23%20%E4%B8%8B%E5%8D%884.35.51.png?alt=media) | Parameter | Value | | ---------------- | -------------------------------------------------------------------------------------------------------------------- | | Category | Governance & Seeds | | Tokens | DOT, LINK, CREAM, BAND, FIL, YFI, UNI, ATOM, ALPHA, TWT, CAKE, XVS, BAT, AUTO, IOTX, SXP, SUSHI | | Base | 0% | | Multiplier | 20% | | JumpMultiplier | 500% | | Kink 1 | 70% | | Kink 2 | 80% | | Contract Address | [0xEb689084bD7990604Eef53376D269f87CB12cA63](https://bscscan.com/address/0xEb689084bD7990604Eef53376D269f87CB12cA63) | ## Cake Liquidity Provider token (CakeLP) ![](https://2999181904-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MKJWcUfnKdJ1BjWKoMM-3537057746%2Fuploads%2Fgit-blob-a9aacde6b7f7de44eb1f80528b8298d1d24d129d%2F%E6%88%AA%E5%9C%96%202021-06-02%2010.27.10.png?alt=media) | Parameter | Value | | ---------------- | ---------------------------------------------------------------------------------------------------------------------------------- | | Category | CakeLP | | Tokens |

CAKE-LP-CAKE-BNB v2

CAKE-LP-BNB-BUSD v2

CAKE-LP-BTCB-BNB v2

CAKE-LP-ETH-BNB v2

CAKE-LP-USDT-BUSD v2

| | Base | 10% | | Multiplier | 55% | | JumpMultiplier | 180% | | Kink | 50% | | Contract Address | [0x0A4F9Ab20A56DD4624266c610B5F960Bd72C5710](https://bscscan.com/address/0x0A4F9Ab20A56DD4624266c610B5F960Bd72C5710) | ### BNB ![](https://2999181904-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MKJWcUfnKdJ1BjWKoMM-3537057746%2Fuploads%2Fkyz24QbHWGX25FPAa6I7%2F%E6%88%AA%E5%9C%96%202022-03-16%20%E4%B8%8A%E5%8D%8810.27.34.png?alt=media\&token=eb0f335b-5ac5-4e98-a171-268f21dddbed) | Parameter | Value | | ---------------- | ------------------------------------------------------------------------------------------------------------------------ | | Category | BNB | | Tokens | BNB | | Base | 0% | | Multiplier | 8% | | JumpMultiplier | 550% | | Kink 1 | 70% | | Kink 2 | 95% | | Contract Address | [0x92F70dE2D257f9a381AF47191506851aB405e8Ba](https://www.bscscan.com/address/0x92F70dE2D257f9a381AF47191506851aB405e8Ba) |