Flexible, high-yield returns – no minimum deposit, no lock-up period, withdraw anytime.
Borrowers are individuals who want to use their digital assets to build leveraged positions. This is also referrred to as “margin trading.” Fulcrum enables borrowers to create a leveraged position by borrowing assets from lenders.
The interest paid to lenders comes from the fees paid by borrowers in exchange for access to liquidity when trading on margin. Fulcrum extends the bZx protocol by giving users the ability to create tokenized loans and margin positions.
Borrowers must maintain the collateral-to-loan ratio specified by the terms of the loan or the collateral will be liquidated to repay the lender and maintain sufficient liquidity for dApps using the protocol.
Chainlink’s decentralized oracle network is used for price information.
The bZx base protocol has been successfully audited by leading blockchain security auditor ZK Labs, headed by Matthew DiFerrante, Dean Eigenmann, Nick Johnson, and Harry Roberts and available here.
10% of the interest paid by borrowers goes to an Insurance Fund for mitigating potential losses suffered by lenders in the event that undercollateralized loans are not properly liquidated.
Earn up to:
Three clicks. No minimum deposit, no lock-up period, withdraw anytime
Choose the asset you want to lend
Enter the quantity and confirm transaction