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DecentraCredit
@decentracredit
Happy Friday @base! We’ve received some questions about the difference between our protocol and market leaders such as Aave or Yearn. Those protocols are peer to pool where funds are mixed into a pool of funds that Aave or Yearn administrates, including determining interest rates for lenders and borrowers.
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DecentraCredit
@decentracredit
DecentraCredit is peer to peer, which allows for max customization and flexibility in determining how loans are created. From interest rates to time length to liquidation ratio, we allow lenders and borrowers to either create or accept the loans that are best for their individual needs
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DecentraCredit
@decentracredit
There’s clearly value in peer to pool lending and borrowing and we believe there’s uncharted monetization in peer to peer lending and borrowing. Our custom loan generator is on display at https://testnet.decentra.credit/ Ready to rock for main net coming soon!
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