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Larix

Larix

Larix, a lending protocol on the Solana blockchain, adopted a dynamic interest rate model and created more capital-efficient risk management pools. As such, a broad selection of collateral types can be fully utilized in a safe way.

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Larix — a lending protocol on the Solana blockchain, adopted a dynamic interest rate model and created more capital-efficient risk management pools so a broad selection of collateral types can be fully utilized in a safe way. The reward system is based on a delicately designed token economy enables continuous incentive allocation to boost real demands. It will be the combination of upgraded “Compound” and “MakerDAO” in the ecosystem, which accepts a broad selection of collateral types. Conventional banking business originated from deposit and loan model to reward excessive capital with interest. Lending protocol serves as an essential cornerstone of any Defi ecosystem. Defi lending platforms provide loans to borrowers with no intermediaries, usually enabling participants from both sides to earn stablecoins or cryptocurrencies. Effective decentralized applications (DApps) in lending space have the highest TVL growth rate and are the most prevalent contributors for locking crypto assets via smart contracts.

Category
DeFi
Jul 24, 2021
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