🤑Self-paid Borrowing
• Coming later •
Last updated
• Coming later •
Last updated
Among borrowing tools available, the standout feature is a self-paid borrowing. This mechanism is genuinely self-sustaining, as it doesn't rely on external token incentives or the precarious strategy of leveraging risky collateral. Instead, it's powered by the stability of REBALANCE's interest-bearing (IB) tokens.
A borrower deposits 1,000 USDT into the REBALANCE lending strategy pool.
They receive 1,000 rUSDT in their wallet, representing their deposit.
Using the 1,000 rUSDT as collateral, the borrower then opens a borrowing position on the REBALANCE borrowing market.
The profit generated from the IB-tokens is distributed among the borrower, the liquidity provider (LP), and REBALANCE, following a 10/45/45 split.
This system fosters a harmonious profit-sharing system that benefits all parties involved.
