Description
Silo Finance is a non-custodial lending protocol that allows users to borrow any crypto asset using another as collateral, with each asset placed in a separate "Silo" to prevent risk sharing. Utilizing a bridge asset to interconnect Silos, it ensures fluid liquidity movement and efficient concentration. It supports any token asset on the chains it operates on, with adjustable collateral factors at each Silo level. Silo's permissionless nature and secure design make it a versatile and efficient solution for decentralized crypto lending.
Silo Finance is a non-custodial lending protocol that allows users to borrow any crypto asset using another as collateral, with each asset placed in a separate "Silo" to prevent risk sharing. Utilizing a bridge asset to interconnect Silos, it ensures fluid liquidity movement and efficient concentration. It supports any token asset on the chains it operates on, with adjustable collateral factors at each Silo level. Silo's permissionless nature and secure design make it a versatile and efficient solution for decentralized crypto lending.
Tags
- Arbitrum-ecosytem
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