The curve that moves before the cliff.
Legacy lending sets borrow rates with a kinked curve: cheap up to a target utilisation, then a cliff. The kink is placed by governance vote and stays put while the world changes. ımyo's AI-driven curve moves the whole surface with the risk environment — repricing before stress becomes a liquidity crisis, not after.
Drag both sliders. The dashed grey line is the legacy model; the solid line is the AI curve. The shaded band is the safety margin the AI opens up as stress rises. Parameters are illustrative, not quoted terms.
Share of supplied liquidity currently borrowed. High utilisation means lenders cannot exit — the risk both models exist to price.
Composite of the Sentinel signals: oracle dispersion, whale outflows, funding spreads, macro shocks. The legacy curve cannot see this input at all.
- Legacy borrow APR
- —%
- AI-curve borrow APR
- —%
- Repricing lead
- —pp
- AI optimal utilisation
- —%
- The kink is a lagging indicator. Its position encodes a governance vote from weeks ago. In April 2026 the market repriced in 48 hours; no proposal cycle moves at that speed. The Kelp post-mortem is the case study.
- Rates are the first line of defence, not the last. A curve that steepens with Sentinel-observed stress throttles new leverage before utilisation pins at 100% — protecting lender exit liquidity when it matters most.
- Macro-aware means macro-priced. Fed decisions, stablecoin rotations and whale flows all move the equilibrium price of on-chain credit. A static curve hands that spread to arbitrageurs; a dynamic one returns it to the pool.
- Every adjustment is attested. Curve moves are signed by the Sentinel swarm inside TEEs — an auditable trail of why the venue repriced, which is what a risk committee actually asks for.