About the Project
Minterest is a unique borrowing/lending protocol built by industry leaders to service the billions in Total Value Locked (TVL), in DeFi lending projects, with the specific aim of putting user benefits at its core. It provides users with a decentralised financial platform that is fair and inclusive.
The Minterest protocol has the world’s first buyback mechanism, which automatically passes on revenue to contributing platform users. This way, users receive protocol revenue on top of industry leading borrowing/lending rates, creating the potential for the highest long-term yields in DeFi. The protocol also has an on-chain treasury which captures and shares liquidation revenues with users.
About the Integration
Minterest will deploy its value-capturing lending and borrowing protocol to Moonbeam, acting as a magnet for attracting liquidity onto Moonbeam’s parachain.
Minterest’s unique approach to distributing all protocol revenue back to token holders is in keeping with the spirit of Web3. This integration will allow the Minterest team to create opportunities specific to the Moonbeam community, allowing them to engage with and benefit from the protocol.