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Token Borrowers
On dAMM, token borrowers are able to access capital for use anywhere in the crypto-asset ecosystem. Market makers and institutional borrowers have direct access to pools of capital for their trading operations Borrowing interest rates are algorithmically determined as a result of the utilization rate of the pool’s assets.
There are limitations set for each borrower based on their creditworthiness. Borrowers must enter into a Master Loan Agreement with the dAMM Foundation during the onboarding process, which allows legal enforceability of the terms and conditions under which the borrower can access and obtain loans from dAMM Pools.
Last modified 1yr ago