Silo Finance
Silo is a non-custodial lending and borrowing protocol that enables any crypto asset to be borrowed against another.SECURE BY DESIGN When you deposit into a Silo, you do not share risk with other tokens in the protocol. Silos can borrow from one another only through bridge assets, isolating risk within each individual Silo.EFFICIENT To concentrate liquidity, each token asset has only one Silo. Bridge assets connect all Silos, allowing liquidity to flow smoothly throughout the protocol and enabling any collateral token to borrow another token. Permissionless Silo is designed to support any token asset on the chain where it operates. Silos share default collateral factors, which can be adjusted at the Silo level at any time.
Overview
Silo is a non-custodial lending and borrowing protocol that enables any crypto asset to be borrowed against another.SECURE BY DESIGN When you deposit into a Silo, you do not share risk with other tokens in the protocol. Silos can borrow from one another only through bridge assets, isolating risk within each individual Silo.EFFICIENT To concentrate liquidity, each token asset has only one Silo. Bridge assets connect all Silos, allowing liquidity to flow smoothly throughout the protocol and enabling any collateral token to borrow another token. Permissionless Silo is designed to support any token asset on the chain where it operates. Silos share default collateral factors, which can be adjusted at the Silo level at any time.
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
Related news
No linked updates yet.