On-Chain Lending
There are many unique implementations of asset borrowing and lending on-chain, but most of them stick to their mode of inserting liquidity by lenders and extracting it by borrowers. A lot of the demand in DeFi also originated from such use-cases, but as the space grows and evolve and weaknesses in previous designs are made known, it is important to be able to adapt them without having to perform liquidity migration also.
By separating lending functionality into Extensions and making your lending contract Extendable, you can:
Modify the way that APYs are calculated, generated and paid out
Support emerging token standards as asset classes
Add specialised functionality for certain asset classes
Change governance rules and token emission schedules
Much more...
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