Introducing 0VIX's borrowing and lending markets
0VIX provides multiple borrowing and lending markets for a variety of cryptocurrency assets. By depositing assets into the platform, users earn a variable interest rate on their deposited assets in addition to 0VIX tokens.
Moreover, deposited assets can be used as collateral, allowing the user to borrow other assets. Interest earned by depositing funds offsets the accumulated interest rates from borrowing.
The height of the reward is determined by supply-demand dynamics, as well as our dynamic jump rate interest model, that is individual for each asset class.