I got invited code from huobi at reddit, and resisted.

In my understanding, cny/btc/ltc borrower first pays 0.1%/day and interest grows 10%/ 10days.
So after first 10days, borrower will pay 0.11%(0.1% *10%).
And after 250 days,borrower will reach 1% cap( (0.1%*1.01)^25=1.08%).

lender get 80% of borrower's interest.

Is this correct?