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.
DISCLAIMER: The information presented herein has been provided by third parties and is made available solely for general information purposes. The operator of Solana.com (“Solana.com”) does not warrant the accuracy, completeness or usefulness of this information. Any reliance you place on such information is strictly at your own risk. Solana.com disclaims all liability and responsibility arising from any reliance placed on this information by you or by anyone who may be informed of any of its contents. All statements and/or opinions expressed in these materials are solely the responsibility of the person or entity providing those materials and do not necessarily represent the opinion of Solana.com. The information should not be construed as professional or financial advice of any kind. Advice from a suitably qualified professional should always be sought in relation to any particular matter or circumstance.
The information herein may link to or integrate with other websites operated or content provided by third parties, and such other websites may link to this website. Solana.com has no control over any such other websites or their content and will have no liability arising out of or related to such websites or their content. The existence of any such link does not constitute an endorsement of such websites, the content of the websites, or the operators of the websites. These links are being provided to you only as a convenience and you release and hold Solana.com harmless from any and all liability arising from your use of this information or the information provided by any third-party website or service.