Documentation
A closer look at your kHYPE, its yield, and spending power.
Spending Power
Projected yield × safety factor − outstanding advance, limited by the per-position cap, the global cap and Reserve liquidity. Projected yield is your HYPE principal × observed APR × horizon, converted to kHYPE at the current rate. Initial safety factor: 50% (maximum 70%). Initial horizon: 90 days (maximum 180 days).
New spending power is zero while the observed APR or the relayed rate is more than 14 days old, or when a position is impaired (it holds less kHYPE than its principal needs, for example after a fall in kHYPE’s rate). This is an estimate, not guaranteed income.