Description
Ruler Protocol is a decentralized finance (DeFi) platform on the Ethereum blockchain, providing non-liquidatable, fixed-rate loans. It addresses the common issue of collateral liquidation in volatile markets, allowing borrowers to leverage assets without the risk of liquidation as long as loans are repaid on time. The platform encourages lending by offering interest on digital assets supplied to the liquidity pool, with rates driven by market demand. Unique to Ruler is its multi-token mint process that enables borrowers to retain their collateral while repaying, ensuring a stable lending environment. It also features an incentive system for liquidity providers and utilizes its native token, RULER, for governance. Ruler’s innovation lies in its elimination of liquidation risk, functioning through a system where supply and demand dictate loan interest rates, and offering fungible, tradeable loans. This makes Ruler Protocol a significant contributor to the DeFi ecosystem, promoting a safer, predictable framework for borrowing and lending within the blockchain space.
Ruler Protocol is a decentralized finance (DeFi) platform on the Ethereum blockchain, providing non-liquidatable, fixed-rate loans. It addresses the common issue of collateral liquidation in volatile markets, allowing borrowers to leverage assets without the risk of liquidation as long as loans are repaid on time. The platform encourages lending by offering interest on digital assets supplied to the liquidity pool, with rates driven by market demand. Unique to Ruler is its multi-token mint process that enables borrowers to retain their collateral while repaying, ensuring a stable lending environment. It also features an incentive system for liquidity providers and utilizes its native token, RULER, for governance. Ruler’s innovation lies in its elimination of liquidation risk, functioning through a system where supply and demand dictate loan interest rates, and offering fungible, tradeable loans. This makes Ruler Protocol a significant contributor to the DeFi ecosystem, promoting a safer, predictable framework for borrowing and lending within the blockchain space.
