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Sohei protocol offers a fresh method to borrow and lend funds without relying on a central authority. Users can lock in their crypto tokens as collateral and take out a loan using a different asset. The borrowing capacity is determined by the collateral asset selected. There’s also a dashboard that helps you monitor your collateral and the assets you’ve borrowed.
HEI is the multi-utility token within the Sohei Protocol. Its functions are two-sided: HEI stakers receive a share of the protocol’s generated revenue, and both token holders and stakers can participate in voting on key governance matters.
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