A proposal to integrate bZx with B. Protocol has been posted to the forum for discussion.
02 Sep 2021, 16:24
A proposal to integrate bZx with B. Protocol has been posted to the forum for discussion. Discussion will take place in the forum until a community consensus has been reached. Highlights:
Integrate B.Protocol v2 with bZx to offer better liquidation ratios, and up to x15 leverage on specific trading pairs in Fulcrum, using 105% maintenance margin.
For Users: Have better capital efficiency with a bigger buffer before being liquidated when using leverage with better liquidation ratios.
For bZx: Being the first lending platform in DeFi to offer high leverage on non stable coin pairs, earn fees for the protocol, grow TVL and user base.
For B.Protocol: This would be one of the first Polygon integrations for B.Protocol, entering into new markets.
Incentive: In order to demonstrate the endless composability opportunities in DeFi, a joint Liquidity Mining program will be put in place, that will reward liquidity providers with BPRO, BZRX, (and perhaps also with QUICK and MATIC tokens).
For DeFI: Providing a backstop to enable a better liquidation system that can unleash better capital efficiency for DeFi users and more stability for lending and margin trading platforms.
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