# Summary

* The dAMM protocol establishes liquidity pools for institutional borrowers and community lenders to interact frictionlessly with the intention of bridging decentralized and centralized liquidity in a more efficient manner than ever before. 
* Each dToken market has an interest rate model which is calculated per block, and is determined as a function of the demand and supply of borrowers and lenders.
* Institutional borrowers must onboard with the dAMM Foundation and go through extensive due diligence and KYC before being allowed to engage with the protocol.
* Token issuers, community members, and DAOs are able to deposit their tokens in a single asset liquidity pool and receive interest in the native pool token and bdAMM.