TL;DR Comment
- Lending and borrowing use overcollaterization.
- Kashi allows anyone to lend and take loans without the need for third party (other than bots).
- It is gas efficient and generate double yield thanks to BentoBox
- Isolated markets allowing permissionless listing of assets and collaterals.
- Elastic interest rates targeting 70-80% utilization.
- Allows you to lend, borrow and leverage easily.
Table of content
- Introduction to lending and borrowing in DeFi
- What is Kashi ?
- How is Kashi different from other lending platforms?
- How to lend on Kashi ?
- How to borrow on Kashi ?
- How to leverage on Kashi ?
- How to repay on Kashi ?
- FAQ
Lending and borrowing in DeFi
If you are new to DeFi, you may wonder how can people lend and make sure they will get their assets back ?
Most lending protocol in DeFi use the same system : overcollateralized loans.
This means that borrowers need to lock a collateral in the system to be able to borrow, this collateral needs to have a value superior than the loan.