What is Aeroscraper?
Aeroscraper is a user-centric decentralized lending-borrowing protocol that revolutionizes the DeFi space with its interest-free, over-collateralized stablecoin and DeFi loans.
This fully automated and governance-free protocol enables unauthorized lending and borrowing, empowering users with autonomy and direct transactions.
By depositing collateral, users can access loans in stablecoins pegged to the US dollar, all without incurring any interest.
Instead, Aeroscraper charges a one-time fee, eliminating the complexities of variable interest rates. With its innovative approach, Aeroscraper enhances the user experience, promotes financial inclusion, and represents the future of decentralized finance.
What is the main benefits of Aeroscraper?
- You deposit your cryptocurrency and get aUSD stablecoins in exchange.
- These stablecoins are supposed to maintain a 1:1 value with your cryptocurrency.
- The system ensures there's always more cryptocurrency locked up than stablecoins issued.
- You can always exchange your stablecoins back to cryptocurrency (minus fees) within the system.
- When you start using Aeroscraper, you need to have at least 115% the value of your loan in cryptocurrency as collateral.
- If your collateral falls below this limit, your account might be liquidated to protect the system's stability.
Socials
Twitter: https://twitter.com/aeroscraper Discord: https://discord.gg/g4QWBJWdxE Whitepaper: https://novaratio.gitbook.io/aeroscraper/
