Overview
Last updated
Last updated
In the fast-paced world of decentralized finance (DeFi), innovation is the driving force behind the success of any ecosystem. As the DeFi landscape continues evolving, we proudly announce Aqualoan, an innovation-driven, decentralized and non-custodial liquidity market.
Aqualoan is an open-source platform designed to create non-custodial liquidity markets, offering variable interest rates on supplied and borrowed assets.
Liquidity providers earn passive income, with borrowers able to take out loans that are either perpetually overcollateralized or undercollateralized for one-block liquidity.
The Aqualoan protocol distributes rewards for those who mitigate the protocol's risk in the Safety Module by staking the native token, AQUA only available in the Binance smart chain.
Benefits of Aqualoan’s integration
At Aaualoan, we firmly believe that lending and borrowing protocols are the backbone of a well-functioning DeFi ecosystem. These protocols empower users to make the most of their cryptocurrencies, allowing them to engage in complex financial strategies and acting as a catalyst that promotes further participation within DeFi.
In line with this vision, we are committed to bringing a new wave of innovation to the lending and borrowing landscape. Our goal is to develop a new generation of DeFi features, building on the foundation laid by giants like Aave and Geist.
We believe that by providing users with a wider range of options for lending and borrowing, we can help to further incentivize the growth of DeFi, building a more resilient and sustainable financial system that benefits everyone.
Our team is dedicated to this mission, and we will continue to push the boundaries of what is possible in DeFi.
Lenders on Aqualoan provide liquidity to the protocol and earn interest by depositing their assets into various lending pools.
Aqualoan enables borrowers to take loans against their collateral, providing liquidity while paying interest based on current supply and demand.
Borrowers can access liquidity by withdrawing against their collateralized assets, allowing them to retain ownership without needing to sell or close their positions.
Traditionally, to obtain a loan, one would need to visit a bank or another financial institution with a substantial amount of liquid cash and offer collateral. Aqualoan eliminates the need for intermediaries in the process of getting leveraged funds with an overcollateralized approach and the protocol can be used in conjunction with other defi protocols.
Aqualoan provides users with the opportunity to earn passive income through liquidity provision, while its innovative features like flash loans allow for unique financial strategies.
In the future the Aqualoan DAO will use the native utility token, $AQUA. By interacting and providing utility to the platform, users can capture the added value from the community's engagement through the native utility token $AQUA, as well as from borrowers and platform fees.