Silo Finance
$0.002313
4.06%
Past Day
Market Stats
Market Cap
$203.52k
24h Volume
$2.18k
FDV
$2.46m
Max Supply
1b
About
Contract
0x0341...E391
Created
Feb 8, 2023
Website
silo.finance
𝕏
Twitter
@SiloFinance
What is Silo Finance?
Silo is a non-custodial lending protocol to borrow any crypto asset with another. SECURE BY DESIGN When you deposit in a Silo, you don't share the risk with other tokens in the protocol. Silos can only borrow the bridge asset from each other, keeping the risk isolated to a single Silo. EFFICIENT To concentrate liquidity, each token asset gets one Silo only. With the bridge asset connecting all Silos, liquidity moves fluidly in the protocol, enabling any collateral token to borrow another. PERMISSIONLESS Silo is designed to support any token asset on the chains it operates on. Silos share default collateral factors that can be adjusted on a Silo level at any time.