Update
Kinetic’s FXRP Pool Shows $24M Supplied with 0.04% Base APR
Kinetic’s FXRP pool on the Flare network showed approximately $24 million in supply on November 1. The base annualized rate for lenders was about 0.04% before rewards. The displayed supply APY included a 0.55% reward component. The FXRP supply APR was about 0.04%, while the FXRP borrower APR was about 0.7%. The reward component was much larger than the quoted base rate.