CygnusDAO Overview
- What is CygnusDAO?
CygnusDAO is a decentralized stablecoin lending and leverage trading protocol for liquidity providers (LPs). Lenders supply stablecoins in isolated lending pools and earn from borrowing fees and farming yields. LPs can borrow stablecoins using their LP tokens as collateral, and if LP assets increase in value, borrowers can profit, while lenders are guaranteed loan repayment through decentralized liquidation incentives if asset values decrease.
- Blockchains
- Starknet
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