What is the interest rate of liquity?

Excuse me, could you please elaborate on the interest rate associated with Liquity? I understand that Liquity is a decentralized protocol that facilitates borrowing and lending of assets, but I'm specifically interested in knowing what kind of interest rates are offered to borrowers and lenders on this platform. Are the rates fixed or variable? Are they competitive compared to other lending platforms in the cryptocurrency space? I'd appreciate it if you could provide me with more details on this aspect of Liquity.