/
Percent Finance is a decentralized protocol aimed at providing financial services within the DeFi sector on the Ethereum blockchain. Its primary functions allow users to supply and borrow assets, engage in yield farming, and earn interest on their crypto holdings through a network that's open, secure, and market-efficient.
Users of Percent Finance can benefit through earning interest on their supplied crypto holdings and borrowing against them at algorithmically adjusted rates tailored to market demand. Additionally, users can maximize returns through yield farming activities, and actively participate in the protocol's operations through governance token (PERC) involvement.
Percent Finance distinguishes itself from other DeFi protocols by its focus on fair distribution, 100% token allocation to liquidity providers, and community ownership. As a fork of Compound, it incorporates features such as community-driven governance without team reserves or pre-mining, enhancing transparency and user-driven development.
The PERC token serves as the governance token within Percent Finance, empowering holders to propose and vote on protocol changes, such as modifying interest rates and adding new markets. This decentralized governance structure aligns with blockchain's ethos by promoting community-led management and development.
Percent Finance implements various security measures, including audits, to safeguard user assets. While the protocol focuses on security, users are advised to understand the inherent risks associated with DeFi platforms and consider these when utilizing Percent Finance's services.
Percent Finance contributes to the DeFi ecosystem by offering decentralized alternatives to traditional financial services, facilitating easier access to liquidity, and enabling earnings on digital asset holdings without intermediaries. This fosters financial inclusivity and innovation within the blockchain space.
Percent Finance is a DeFi protocol on Ethereum, enabling asset lending/borrowing, yield farming, and governed by PERC token holders. It offers algorithm-driven interest rates and commits to security and decentralized finance access.
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.
