Bonded dAMM is wrapped dAMM, which will be redeemable 1:1 for dAMM after October 31st, 2022. bdAMM is the platform and governance token of the dAMM Finance protocol, available at damm.finance.
dAMM Finance is an institutional lending and borrowing protocol for any token. This platform allows lenders to get complete visual access to borrower activity — all interactions across pools on dApps (decentralized applications) are visible and can be monitored as required. Each institution must undergo an extensive KYC (Know Your Customer) process and credit analysis using Credora, a third-party credit risk analysis (CRA) platform. By instituting this level of visibility, it discourages malicious actors or entities from participating in irresponsible practices that we’ve witnessed in the past.
For lending purposes, dAMM is the first institutional capital markets platform with an emphasis on all tokens. Lending is as simple as finding your pool and pressing “Deposit.” With regard to borrowing, high quality institutional borrowers are thoroughly vetted by our credit risk analyst, using KYC/AML documentation processes and consistent audited financial statements to ensure adequate liquidity and security for lenders to the platform.
