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Davos is a leading cross-chain lending and borrowing platform that allows users to borrow the DAVOS Stable Asset against at first their staked MATIC assets, and earn additional yields from the DAVOS yield-bearing Stable Asset in a single debt position against a low interest. Davos is the largest lending and borrowing platform built on Polygon. By taking advantage of Liquid Staking and providing around a 4% borrowing interest APR, Davos provides users with around a yearly APY of 9% for yield farming on the liquidity pool. Davos Protocol implements and makes use of the proven MakerDAO model for a decentralized, unbiased, collateral-backed stable asset enhanced by Liquid Staking.
Davos provides yield opportunities to the users who:
Deposit DAVOS into a liquidity pool thus enabling a user to gain a yield of up to 11.49%Farm the LP token received for depositing DAVOS into liquidity pools.Davos accumulates yield for itself from 3 primary sources: borrowing interest, liquid staking rewards, and swap fees from deposits into liquidity pools on DEXs. This combination maximizes potential yields because it covers various use case scenarios.
Davos Protocol allows users to:
Collateralize their assetsBorrow DAVOSRepay the loan (DAVOS + Davos's borrowing interest)Withdraw their collateralClaim the reward in DGT for borrowing DAVOSParticipate in protocol governance, using DGTFuture features include liquidity pools and LP token farming.DAVOS is a decentralized, unbiased, and collateral-backed cryptocurrency. DAVOS, a yield generating stable asset, is backed by an algorithmic framework that is collateralized by tokens to ensure that it has a certain level of price stability based on the protocol’s monetary policies.
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