Updated 1205 days ago

Apricot Finance

Lend to earn, borrow with less

  • Crypto / Web3
  • Solana

Apricot aspires to be the go-to platform for decentralized financial solutions in the thriving Solana ecosystem. The project will launch initially with an over-collateralized loan protocol that differentiates itself by giving borrowers best-in-class borrowing power and low liquidation penalties with high predictability in outcome. As the platform expands, Apricot may tap into the concept of securitization in traditional finance to help manage a bad debt collateral pool accumulated through Apricot's 2-hour liquidation guarantee program. Apricot also plans to launch a rich set of related products in near future, such as orderbook-based fixed rate loans, customizable financial derivatives, template-based high frequency operations, low-to-no collateral loans, etc., to accommodate a wide range of user needs.