Use Cases
Use case as a lender
Allows any protocol to tap into its treasury and turn it into a lending & borrowing platform, on their own terms. Lenders can create loans out of their wallets or treasuries.
Borrowing power is unlocked for the protocol’s native token.
Vendor can act as a buyback mechanism. During a default period, the protocol simply get’s their own tokens back at a predetermined price acting similar to a buy-back mechanism.
Use case as a borrower
Deposit collateral instead of selling your tokens.
Borrow without worry of liquidations.
Reinvest the borrowed assets without a fear that the interest of the loan will outpace the yield.
Use it as a hedge against your deposited collateral. If you loan becomes greater in value than your collateral by the repayment due date, keep your loan and default on your collateral.
Request loans for preatty much any asset there is.
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