Sentiment is a liquidity protocol launching on Arbitrum. Our mission is to be the best place to lend and borrow capital.
Similar to existing DeFi lending markets, Sentiment lenders supply capital which is then loaned to borrowers as debt. However, this is where the similarities end.
On Sentiment, borrowers access 5x leverage which can be deployed permissionlessly. Borrowers can use this leverage to long or short tokens or deploy assets into various other DeFi protocols that Sentiment is integrated with. Users can leverage into integrations such as AAVE, Curve, and Sushi, to increase their yield. This improves borrowing capital efficiency as borrowers can deploy leverage with decreased capital requirements. All of which is done through our “account” primitive, more on this here.
Given borrowers’ ability to permissionlessly borrow with reduced collateral requirements we expect utilization to be higher than that of incumbetn money-markets. With increased utilization of assets, lenders can expect competitively high yield relative to current lending protocols.
Security is imperative to the success of the protocol, we are pleased to have worked with security auditors at Arbitrary Execution and Sherlock to ensure the safety of the code. We are excited to go live with smart-contract insurance covered by Sherlock. The insurance reduces the risk for users’ funds on Sentiment at no additional cost!
