The Moremoney protocol offers collateralized debt positions with liquid and illiquid collateral at a 0% interest rate, allowing users to exact value from their assets by borrowing USDm, a USD-pegged stablecoin. Upon depositing, collateral assets are diverted to partner protocols where these tokens earn yield. Harvested yield is either converted to USDm and distributed back to depositors, automatically repaying their debt or compounded into the collateral token.
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- API ID moremoney
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MORE 관련
A lending protocol for opening interest-free collateralised debt positions (CDP) using liquidity pool tokens, interest-bearing tokens (ibTKNs) and other major tokens as collateral.
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