Become the liquidity protocol of next generation to lead the DeFi Future.
What is Patronus?
Patronus is a composable DeFi Liquidity Protocol which aims to provide a set of products and services to meet the increasing capital flow needs safely and efficiently.
At present, Beta Version of Patronus Lending has been deployed on Aptos Testnet.
Patronus Lending Highlights
Patronus converts deposit APY and borrowing APY into interest rate per second, and adopts continuous compound interest calculation to ensure the perfect match between actual interest and borrowing period.
Patronus provides a convenient tool to manage borrowing position risk - sub accounts.
Holding one single address, users are able to manage multiple risk-isolated positions via Patronus.
Most lending protocols do not usually set a liquidation ratio when dealing with the positions under insufficient collateralized status. The corresponding collateral will be sold at a discount to pay off all debt, and it seems slightly simple and rough.
Patronus will calculate a dynamic and reasonable liquidation ratio for each account, so that the high-quality collateral will not suffer from unnecessary discount treatment.
Links
Website: https://patronus.fi
Twitter: https://twitter.com/Patronus_Fi
Discord: https://discord.gg/sUNjUEYX8a
Medium: https://medium.com/@Patronus_Fi