Scallop gives rewards to users who lend, borrow, and provide liquidity.
We’ll have a reward pool that let people to stake their “Market Coin”.
Different “Market Coin” will have different reward rate. Basically, the higher the price, the higher the reward rate.
For example:
We’ll have a reward pool that let people to redeem reward with their “obligation”.
There’re 2 proposals for the borrowing reward.
Reward the borrower based on how much interest they accrued, and different debt type has different reward ratio.
For example:
Pros: Safe and easy to implement.
Cons: No encouragement for long term borrow