DeFi Digest: 88mph, Charm, and Primitive

Recently, there has been a rise of new projects offering fixed interest rates, including Yield Protocol and Notional Finance. 88mph is another player that has been relatively quiet in building out its system to offer fixed interest rates.

88mph offers fixed rates by taking the exponential moving average (EMA) of APYs from yield protocols like Compound and Aave, discounting the EMA by 25%, and giving the remaining 75% as fixed rates to depositors at a set duration.