Money Markets
Versidium's lending protocol establishes decentralized money markets where users can deposit their digital assets and earn interest while enabling others to borrow these assets against collateral. Money markets operate autonomously via smart contracts, allowing for seamless interaction without intermediaries.
Deposit and Earn: Users deposit their digital assets into liquidity pools within the money market, contributing to the available liquidity. In return, depositors earn interest based on market-driven rates determined by supply and demand dynamics.
Borrowing: Borrowers can collateralize their deposited assets to borrow other assets supported by the money market. The borrowing process is flexible, allowing users to choose their loan terms and manage their collateral ratios to optimize borrowing capacity.
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