Kinetic's XRP-linked lending market snapshot on November 1st showed a pre-reward base APR of 0.04%.
Kinetic's XRP-backed lending market (FXRP) on Flare showed approximately $24 million in supply and $2 million in borrowing as of the November 1 snapshot. The market's pre-reward base annualized interest rate was about 0.04%, while the supply APY, including rFLR rewards, was 0.59%.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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