Peer-To-Peer
Don’t be just a drop in a pool. Enjoy maximum capital efficiency and absolute flexibility with your lending/borrowing strategies.
Don’t be just a drop in a pool. Enjoy maximum capital efficiency and absolute flexibility with your lending/borrowing strategies.
NFT*, ERC-20, vault tokens, LP positions, or a bundle of all the above: use anything and everything as collateral.
Unlike pool-based lending protocols, PWN doesn’t rely on oracles. The only way to get liquidated is to miss the loan repayment deadline.
Choose the lending parameters that fit you and your strategy: collateral, borrowed asset, loan duration, LTV, and interest rate. Once set, these terms are locked in until repayment.
Forget KYC! PWN DAO is bringing you something better: rep! In today's DeFi world, you often only know a wallet address when leveraging the power of smart contracts to transact. But in peer-to-peer lending, understanding who your counterparty is can help you land better terms on both sides.
In this article, I want to explain two concepts for tackling liquidity fragmentation in DeFi lending and widening the opportunity space beyond lending pools: Lean Lending Liquidity and Thesis-based Lending.