Blendy
  • Overview
  • Key Concepts
  • Participant Roles
  • Roadmap
  • 🧩 BLENDY MODULES
    • Moon Module
      • Key Components
      • Option Strategies
      • Risk Management and Hedging
      • Examples
  • Throttle Module
    • Throttle Module Explained
    • Formulas and Calculations
    • Example
  • Liquidation Process
  • 🔒 Security
    • Audit
    • Bug Bounty
  • BRAND ASSETS
    • Brand Asset Kit
Powered by GitBook
On this page
  • Borrower
  • Lender
  • Blendy

Participant Roles

Borrower

  • Supplies BONK or other assets as collateral.

  • Can borrow according to the LTV set by the limiter module.

  • Pays the borrowing fees consisting of:

  1. Interest Rate

  2. Safety Fee - goes to Moon Module

  3. Optional Deposit Fee (in the future)

Borrowing fees as a whole go to the platform.

Advantages for Borrowers:

  • Zero liquidation risk within the first epoch (first 8 hours).

  • Increased capital efficiency for collateralized volatile assets.

Lender

  • Supplies USDC or SOL to be put up for borrowing.

Advantages for Lenders

  • Lenders get higher yields because more people are borrowing, thanks to the Moon Module's downside protection.

Blendy

  • Facilitates transactions.

  • Sets rates in the Moon Module and LTV in the limiter module.

  • Establishes partnerships with foundations to add additional participants to the Moon Module.

PreviousKey ConceptsNextRoadmap

Last updated 7 months ago