Description
Kinetic Money is a distinctive platform in the web3 and blockchain ecosystem, offering an interest-free, collateral-flexible borrowing experience through decentralized finance (DeFi). It enables users to leverage their volatile assets as collateral without liquidation, facilitated by a self-repaying loan mechanism where loans are automatically repaid via yield generated from the collateral. A standout feature is the use of Time Value Yielding NFTs as collateral, melding the NFT and DeFi lending markets. The platform, built on Terra, automates loan repayment through yields from collateral invested in high yield strategies, like those found in Anchor Protocol, enhancing the DeFi ecosystem's stability and sustainability.
Kinetic Money is a distinctive platform in the web3 and blockchain ecosystem, offering an interest-free, collateral-flexible borrowing experience through decentralized finance (DeFi). It enables users to leverage their volatile assets as collateral without liquidation, facilitated by a self-repaying loan mechanism where loans are automatically repaid via yield generated from the collateral. A standout feature is the use of Time Value Yielding NFTs as collateral, melding the NFT and DeFi lending markets. The platform, built on Terra, automates loan repayment through yields from collateral invested in high yield strategies, like those found in Anchor Protocol, enhancing the DeFi ecosystem's stability and sustainability.
