MORE Moremoney

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Rank #N/A
Market Cap -
24H Spot Volume
24H Volume / Market Cap -
Circulating Supply -
Total Supply -
Max Supply -
Fully Diluted Valuation -
API ID moremoney
Project Start Date -
Contracts & Explorer(s) 0xd9D...18A05
Websites Website
Links

About MORE

A lending protocol for opening interest-free collateralised debt positions (CDP) using liquidity pool tokens, interest-bearing tokens (ibTKNs) and other major tokens as collateral.

The Moremoney protocol offers collateralized debt positions with liquid and illiquid collateral at a 0% interest rate, allowing users to exact value from their assets by borrowing USDm, a USD-pegged stablecoin. Upon depositing, collateral assets are diverted to partner protocols where these tokens earn yield. Harvested yield is either converted to USDm and distributed back to depositors, automatically repaying their debt or compounded into the collateral token.

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