Description
Tamago Finance is a DeFi platform offering fixed-term lending and borrowing through a unique integration of blockchain, smart contracts, and NFT technology. It provides predictable returns for lenders and guaranteed loan terms for borrowers, differing from the variable interest rates in typical DeFi projects. Tamago utilizes NFTs to symbolize loan agreements, enabling the trading of loan terms on secondary markets and introducing a novel interaction with DeFi products. The platform's smart contracts autonomously handle the loan cycle, enhancing trust and efficiency by eliminating intermediaries. Additionally, Tamago Finance extends its innovative approach to finance by incorporating a synthetic token issuance protocol. This protocol supports the creation of synthetic tokens that mirror the value of various assets, including stocks, commodities, and digital assets, reducing the liquidation risk for minters. It operates on the Polygon network, ensuring fast transactions and compatibility with ERC-20 for broader exchange support. The protocol promotes a hybrid reserve model for multi-collateral tokens and incentivizes participation through staking for both minters and holders, pos...
Tamago Finance is a DeFi platform offering fixed-term lending and borrowing through a unique integration of blockchain, smart contracts, and NFT technology. It provides predictable returns for lenders and guaranteed loan terms for borrowers, differing from the variable interest rates in typical DeFi projects. Tamago utilizes NFTs to symbolize loan agreements, enabling the trading of loan terms on secondary markets and introducing a novel interaction with DeFi products. The platform's smart contracts autonomously handle the loan cycle, enhancing trust and efficiency by eliminating intermediaries. Additionally, Tamago Finance extends its innovative approach to finance by incorporating a synthetic token issuance protocol. This protocol supports the creation of synthetic tokens that mirror the value of various assets, including stocks, commodities, and digital assets, reducing the liquidation risk for minters. It operates on the Polygon network, ensuring fast transactions and compatibility with ERC-20 for broader exchange support. The protocol promotes a hybrid reserve model for multi-collateral tokens and incentivizes participation through staking for both minters and holders, pos...
