A Clearing Period occurs at the end of each epoch during a 48-hour period at which certain lending activities, and related transactions, are processed
All queued Lending and Withdrawal requests are processed during the final 48 hours of each epoch, based on Lender Loyalty Levels. Recall that loan Tranche allocations may be adjusted to accommodate submitted requests if a Lending Strategy is oversubscribed.
Interest is accrued every epoch (7 days) and is reflected in your loan balance(s) at the start of each new epoch.
After clearing, at the start of each new epoch, your loan balance(s) is updated to reflect increases (associated with Accepted Lending Requests and/or interest earned) or decreases (associate with Accepted Withdrawal Requests and/or losses).
Lender Loyalty Levels are recalculated based on current $KASU holdings and lending activity, thereby concluding clearing.
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