Description
Percent Finance is a decentralized protocol on the Ethereum blockchain providing DeFi services such as asset lending, borrowing, and yield farming with algorithmically adjusted interest rates. It operates with a governance model where PERC token holders vote on protocol changes, emphasizing a community-led approach. Unique for its 100% fair distribution, Percent Finance is a fork of Compound, allocating all tokens to liquidity providers without pre-mining or team reserves. The project prioritizes security and market efficiency while aiming to democratize financial services and promote liquidity without intermediaries. Percent Finance's vision includes building a fully fair and community-owned DeFi ecosystem, with $PCT as the governance token for its current and future products.
Percent Finance is a decentralized protocol on the Ethereum blockchain providing DeFi services such as asset lending, borrowing, and yield farming with algorithmically adjusted interest rates. It operates with a governance model where PERC token holders vote on protocol changes, emphasizing a community-led approach. Unique for its 100% fair distribution, Percent Finance is a fork of Compound, allocating all tokens to liquidity providers without pre-mining or team reserves. The project prioritizes security and market efficiency while aiming to democratize financial services and promote liquidity without intermediaries. Percent Finance's vision includes building a fully fair and community-owned DeFi ecosystem, with $PCT as the governance token for its current and future products.
