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What is the elastic interest rate ?

Elastic interest rate means that interest payed by borrowers on Kashi don't increase instantly when utilization goes up.

By using elastic interest rate we try to optimize utilization, the target is between 70% and 80%. When above 80% the interest rate will rise up to 1000% APR, bellow 70% it will start to drop with a minimum of 0.25% APR.

The APR evolution is determined by utilization and time, closer it is to 70%-80% and less it will change and the further is is higher is the evolution up to halves every 8 hours if 0% utilization and double every 8 hours if 100%.

Here is a chart explaining the interest change :

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How to mint a Sushi-hime

Go on contract page on polygonscan: https://polygonscan.com/address/0xed253733a7a4bf8bdbaa5579c8a9829862255485#writeContract. Connect your wallet. Scroll to "2. mint" Enter 0 in the first field if you are the owner, enter 3 if you are a normal user as it costs 3 matic to mint (:warning: do not send more than 3 matic per mint, it will only mint 1 NFT per transaction), profits will be sent to charity. Enter the address that should receive the NFT in the second field. Click write and confirm in your wallet. Wait 2/3 minutes and you should receive the NFT in your wallet, can also see it on opensea: https://opensea.io/collection/sushi-hime.

Nov 19, 2021
What is the difference between masterchef, masterchefv2 and minichef ?

Masterchef if the original contract that has been created on Ethereum mainnet to mint Sushi tokens and give them as rewards to liquidity providers that stake their SLPs. Recently two new version of masterchef went out: MasterchefV2: Its on Ethereum network, it is built on top of MasterChefv1 and allows 2 (or more) different tokens as reward. This means users can receive SUSHI + another token. MiniChef: Its the contract used on other networks, its really close to MasterChefv2 as it also allows 2 (or more) different tokens as reward.

Nov 7, 2021
What are 2X reward farms ?

2* reward farms are farms where you can stake your SLP tokens to earn Sushi + another token as rewards on top of trading fees. These farms use a new contract called MasterchefV2 (minichefV2 on sidechains). This allows other projects to incentive liquidity by adding their tokens as rewards on top of existing Sushi rewards. You can learn more about masterchef here.

Nov 7, 2021
How does Sushiswap and Kashi farm differ ?

On sushi you can stake two type of tokens: SLP tokens: tokens you receive when adding liquidity on Sushi. KMP tokens: tokens you receive when lending on Kashi. On the farm UI you can look for: "Kashi farms" if you want to stake KMPs. "Sushiswap farms" if you want to stake SLPs.

Nov 7, 2021
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