Calcifer

DeFi
Calcifer

Project Description

Calcifer is a DeFi protocol that allows for the creation of synthetic tokens that represent the future yield of a deposit. Users can deposit assets like USDC and take a loan for 50% of the value in our synthetic tokens like calUSD as 0% interest rate and no risk of liquidation. The assets provided by the users are then put into lending protocols where they earn yield which is used to eventually payback the loan. You can check it out here: https://calcifer-interface.pages.dev/

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