Description
Liquid Loans is a decentralized lending protocol built for PulseChain, enabling users to leverage their PLS tokens for interest-free borrowing by minting USDL stablecoins. Users provide PLS as collateral, benefitting from over-collateralization, automated liquidation mechanisms, and a transparent on-chain governance model. This framework ensures the safety and decentralization of operations, promoting financial inclusivity and minimizing counterparty risks. The project stands out as a truly decentralized solution, thereby enhancing participation in the DeFi ecosystem without relinquishing asset ownership.
Liquid Loans is a decentralized lending protocol built for PulseChain, enabling users to leverage their PLS tokens for interest-free borrowing by minting USDL stablecoins. Users provide PLS as collateral, benefitting from over-collateralization, automated liquidation mechanisms, and a transparent on-chain governance model. This framework ensures the safety and decentralization of operations, promoting financial inclusivity and minimizing counterparty risks. The project stands out as a truly decentralized solution, thereby enhancing participation in the DeFi ecosystem without relinquishing asset ownership.