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.
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.
Aave, Compound, etc
Large pool with a variety of tokens
A market is one asset and one collateral token
Systemic risk, each token can cripple the system
Isolated risk in each market
"Company"/DAO decides if/when assets get listed
Users can create any markets they want
Fixed curve that needs manual adjustment
Elastic interest rates responding to supply and demand
Chosen/maintained by the "Company"/DAO
Open to use any oracle, user decides
Profits go to the liquidator
Liquidity providers can get the profits
Within Kashi, lending and borrowing