πŸ’Έ Kashi Lending

What is Kashi?

Kashi is a lending and margin trading platform, built upon BentoBox, which allows for anyone to create customized and gas-efficient markets for lending, borrowing, and collateralizing a variety of DeFi tokens, stablecoins, and synthetic assets. Such a broad diversity of tokens is supported through the use of a unique isolated market framework. Unlike traditional DeFi money markets where high-risk assets can introduce risk to the entire protocol, in Kashi, each market is entirely separate in its own (similar to the Sushiswap DEX), meaning the risk of assets within one lending market has no effect over the risk of another lending market. Additionally, this allows for the creation of leveraged short positions within just a single transaction.

How is Kashi different from other lending platforms?

Kashi is the next generation of lending platforms and has solved some of the major issues in current DeFi lending protocols. There are a few fundamental differences between Kashi and other lending platforms.

Feature

Aave, Compound, etc

Kashi Lending

Markets

Large pool with a variety of tokens

A market is one asset and one collateral token

Risk

Systemic risk, each token can cripple the system

Isolated risk in each market

Assets listed

"Company"/DAO decides if/when assets get listed

Users can create any markets they want

Interest rate

Fixed curve that needs manual adjustment

Elastic interest rates responding to supply and demand

Oracles

Chosen/maintained by the "Company"/DAO

Open to use any oracle, user decides

Liquidations

Profits go to the liquidator

Liquidity providers can get the profits

What is a Kashi market?

Within Kashi, lending and borrowing

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