Introduction

Get to Know Astrolend Better!

---

Astrolend is a fully decentralized, permissionless protocol for borrowing and lending on the Eclipse network. Unlike traditional financial services, Astrolend operates without intermediaries, allowing users to supply or access liquidity directly through programs deployed on the Eclipse network. This decentralized approach enhances transparency, inclusivity, and accessibility, removing the barriers that typically limit financial opportunities.

Astrolend is designed to offer secure and efficient decentralized lending and borrowing to anyone, anywhere. By utilizing overcollateralization and robust risk management strategies, Astrolend enables users to optimize and leverage their capital safely, without the need for traditional financial intermediaries. If are familiar with Aave and Compound, Astrolend is a similiar lending protocol which is heavily inspired by MarginFi.

Instead of letting your crypto assets remain idle in your wallet, you can lend them on Astrolend to achieve greater capital efficiency and earn interest on the amounts you lend. Lending on Astrolend mirrors traditional finance in that you supply capital for others to borrow, earning interest on the funds you provide. Your deposits are pooled with others, forming an asset pool from which borrowers can withdraw. The yield on your deposits, expressed as an Annual Percentage Yield (APY), varies depending on the asset you choose to lend. Overall, we're here to bring the most capital-efficient lending market to Eclipse. This will allow network users to make the most out of their capital and contribute more effectively to the Eclipse's ecosystem.