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What are the rules for borrowing interest calculation?

Borrowing assets from JustLend will incur borrowing interest.
The borrowing interest of a market depends on the utilization rate (U) of the market at the time of borrowing:
U = Total Assets Borrowed / Total Assets Supplied
The borrowing interest increases as the utilization rate rising. For the borrowing interest of a market at a specific time, check the Borrow APY of the market on the Market page.
In the Interest Rate Model section of a specific market, you can view the correlation between Borrow APY and Utilization Rate. The green curve illustrates the relationship between the Borrow APY and changes of the utilization rate. You can move the pointer to view Borrow APY levels in respect of different utilization rates.