Lend2Protocols

Undercollaterized loans to Dapps and protocols using aave delegation credit

Lend2Protocols

Created At

MarketMake

Project Description

L2P.finance is the new way to scale your credit delegation.

The problem with credit delegation is that as soon as you decide to delegate your credit line to a peer outside of your trusted circle, you are exposed to real credit risk in addition to counterparty risk. If you go for a delegation to a Dapp, the counterparty risk worsens.

With L2P, you can earn the extra yield and lower your risks. First, because your borrowers are a list of Dapps that we have audited and screened. Secondly, because L2P diversifies your risks: our algorithm allocates your credit line to several Dapps minimizing your exposure to a particular counterparty. With the Dapps reputation at stake along with risk diversification, L2P is the place to do credit delegation.

L2P is also THE solution for Dapps.

Today, if they need liquidity, they can either obtain it

  • with immobilizing collateral
  • or with time constraints using flash loans L2P brings liquidity in the long run, with no collateral needed

How it's Made

This project is devided in 3 parts, a react front-end application for delegators that want to deposit assets on our platform.

A pool smart-contract to interact and manage credit delegation with the Aave lending pool.

A typescript/nestJs API for the Dapp/Protocols to interact with our smart contract and that host our financial algorithm that calculate the debt repartition among other depositor in the pool as well as rebalancing debt.

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