💸 Kashi Lending
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.
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 |
Within Kashi, lending and borrowing
