Full description of Proton Loan
"Proton Loan is a new
Decentralized (?) lending market built on the Proton blockchain. Utilizing the cross-chain capabilities of Proton wrapped xTokens, Proton Loan makes it possible to deposit
Cryptocurrency (?) into lending pools to earn interest, and to take collateralized loans from cryptocurrency pools. With support for BTC, ETH, USDC, DOGE, XPR and XMT, and with zero gas fees on the Proton blockchain, Proton Loan ensures
DeFi (Decentralized Finance) (?) lending remains accessible and affordable.
Proton Loan opens up a new possibility for borrowing and lending against multiple blockchains that were not previously accessible on Ethereum or other
Blockchain (?) protocols. By using a system of smart contracts powered by the Proton blockchain, users can request and fulfill loans using cryptocurrency without the need for a central mediator and without regard for the parent blockchain protocol of the requested asset.
The LOAN
Token (?) will be used to vote on governance decisions for the Proton Loan platform, such as which tokens can be collateralized on the protocol to borrow and lend, as well as the interest rate curves for borrowing. "
- Exchange symbol (?): LOAN
- Cryptocurrency type (?): Token (?)
Proton Loan for developers
Proton Loan social sites
Source: NOMICS
