Abel Finance: First MOVE Cross-Chain Lending Platform

Abel Finance First Cross-Chain Lending Platform Build on SUI

It looked so interesting because of below reasons :point_down:

  • Coin and “AMM LP Coin” and NFT are supported for lending
  • Support cross-chain lending
  • Make awesome multi chain assets liquidity
  • Official Treasury insurance
  • Fully decentralized community autonomy
  • Referenced an implementation of CompoundV2 and was implemented using the MOVE language

Their main vision:

  • LP Coin holders can lend other Coin by pledge LP, instead of destroying LP in order to obtain liquidity
  • Provides mining possibility for coin holders
  • Holders of a single currency obtain interest income and liquidity through Supply Coin to provide airdrop rewards
  • Excess liquidity is regularly invested in compound and other capital pools to generate secondary income
  • Through cross-chain lending, the efficient transfer of multi-chain assets is realized

Webiste: https://abelfinance.xyz/
Gitbub link: ABEL Finance · GitHub
Twitter: https://twitter.com/abelfinance
Discord: ABEL Finance