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WEB3 3.0 WINNER
B.Protocol
B.Protocol democratizes liquidation systems in DeFi to unlock better capital efficiency.
DeFi DappsDecentralized Lending Dapps
Chains:Ethereum, Polygon, Arbitrum, Fantom
What
is
B.Protocol
B-Protocol is a decentralized backstop liquidity protocol in which backstop liquidity providers (BLP) purchase the right to liquidate under-collateralized loans and share profits with platform users. As a result, users receive a higher yield than their standard interest rate. The proposed mechanism eliminates the need for gas wars between liquidators, transferring a significant portion of the protocol value back to borrowers and lenders, and improving their effective interest rate.
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