Cavern Protocol is a new generation lending/borrowing market. It allows degens to borrow funds using LUNA as collateral and risk-averse users to get a stable yield on their stablecoin deposits. Leveraging staking rewards and the stability of USDC, the protocol makes the market more efficient and adapted to all kinds of investors. Incentives have also been revisited to lower the speculation around the platform and to allow for a future of DeFi centered around Real-Yield.
No items found.
Added on
January 27, 2023
Updated on
January 27, 2023
Disclaimer
Do your own research and use your best judgement with projects listed on this site. Being listed on the ecosystem page is not an endorsement from Terraform Labs or any related entity.
Participate
Community