|Total Value Locked||24H|
|in ETH||33.9K ETH||-3.3%|
|in BTC||2.2K BTC||-6.5%|
|ETH Locked||16.41K ETH||-601 ETH|
|% Supply Locked||0.01%|
B.Protocol is a backstop liquidity protocol aiming to make decentralized lending platforms more stable by introducing a backstop liquidity solution. B.Protocol incentivizes liquidity providers (keepers) to share their proceeds with the B.Protocol users in return for getting a priority in the liquidation process. These incentives aim to attract committed liquidators to the platform and help to shift back miners extracted profits (also known as MEV) to the users. Users can interact with lending platforms via a dedicated smart contract interface to receive a Rating score according to their usage of the protocol. The proceeds from each liquidation made via B.Protocol is shared between the liquidators and what's called the Jar. Each lending protocol has its own Jar. After a period of time, the proceeds held within the Jar are distributed among that Jar's users according to their Rating score.
Head over to the B.Protocol app, connect your wallet, and start using your preferred lending platform or import existing loans like Maker Vaults.
Users from around the world should be able to easily access the benefits of decentralized finance. Yet in DeFi’s early days, you could really only be initiated to these benefits by manually figuring things out on your own through trial and error. This has kept accessibility at bay in kind! What’s needed, then, is an …
Previously, providing liquidity to automated market maker (AMM) projects in DeFi has been a manual and somewhat tedious process. You source the required amount of tokens for your desired pair, approve token contracts, pay gas fees to deposit, and then if you’re looking to farm further yields you might go and stake your new liquidity …
This AMA session with Impermax Founder Simone Rigolon occurred on May 14th, 2021. The following is a transcription of the live from DeFi Pulse’s AMA Discord channel. To participate in future AMAs, please join our Discord and follow us on Twitter. Chaz Schmidt: Hello and welcome @everyone ! Thank you for joining us today for …
The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. Welcome! We’re glad to have you back for another Founder Fireside Chat. This week, we sat down with Robert Lauko, Founder and …