TokenInsight news, Edge Protocol, the Terra on-chain lending protocol, will launch its first "Custom Lending Pool" product, which allows users to create a lending pool for any asset, set custom lending parameters including lending factors, collateral factors, interest rate models, etc., deploy any prediction machine, set a transaction fee share, and set a whitelisting mechanism.
"After the user creates the pool, Edge Protocol will launch a Pool Marketplace for both lenders and borrowers to trade, and finally will launch a Stabilization Reserve for the liquidation of the pool. The pool will be hedged by the Stabilization Reserve to cover the risk of insufficient collateral.
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