What you'll be able to do
- Explain where borrower interest goes, and why a supplier earns less than the borrow rate even with no skim.
- Name the skim on Aave, Morpho and Euler, how it is capped, and in what form it is paid.
- Calculate the skim a venue is taking from its borrow rate, utilization and supply rate, and spot a screen whose supply rate is too high to be interest.