# Interest Users should note that they will not earn any interest on the collateral they provide. The only interest applicable is the rate users must pay on their open borrowing position, as indicated by the APY. Borrowing includes a **utilization rate “kink”** meaning that above a certain point, the **interest rate increases more rapidly**. This interest accumulates every second using the block timestamp and adds to the total debt, which must be fully repaid to close the borrowing position. Users need to monitor their open debt, as the additional interest could make their position subject to liquidation. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.swaylend.com/borrowing-base-asset/interest.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.