Exchange Rate

Each kToken's value increases over time as interest accumulates in the a specific market. The exchange rate between a kToken and its underlying asset determines the conversion rate, which grows as interest is earned.

exchangeRate = (getCash() + totalBorrows() - totalReserves()) / totalSupply()

The underlying function returns an unsigned integer, scaled by 1 * 10^(18 - 8 + Underlying Token Decimals).

function exchangeRateCurrent() returns (uint)