SiO2 Finance Multi-VM Lending
SiO2 Finance Multi-VM Lending on Astar Network. Silicon dioxide (SiO2) is an oxide of Silicon and the major component of crystal, the purest gem in the natural world.
SiO2 Finance is designed to serve the Astar and Polkadot community with the best user experience, easy-to-use one-click features, and transparent governance.
Introducing SiO2 Features
- Lending/borrowing: allow users to use multiple assets as collateral and borrow other assets.
- Depositing: allow users to deposit multiple assets and earn passive income from interests.
- veStaking: incentivize long-term token holders over short-term holders with $SIO2.
- One-click flashloan: allow users to use flashloan for position migration (e.g. move position from one protocol to another in seconds), and arbitrages without having to code.
- One-click short position: allow users to short an asset with only one click
- Multi-VM support: both EVM and WASM will be supported in one frontend
SiO2 Finance aims to build multiple one-click solutions and become the most user-friendly lending platform on Astar for Polkadot.
Moreover, SiO2 Finance will develop by some passionate developers and who have contributed to AstridDAO, the multi-collateral stablecoin on Astar for Polkadot, as well as a group of passionate members from the Astar community.
Furthermore, SiO2 Finance integrates into multi-sig tools including AstarSafe to provide depositing and lending services to institutions and DAOs.
Knowing Astar Network
Astar Network is the Smart Contract Hub for WASM + EVM on Polkadot. Since winning its Parachain auction in January 2022. Astar Network has become the top Parachain in the Polkadot ecosystem. It has a Total Value Locked and most Ethereum assets transfer over. Astar Network is the leading smart contract hub. It connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains.
Furthermore, Astar Network supports dApps using multiple virtual machines — namely WASM and EVM — and offers the best technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.
ABOUT Astar Network
Astar Network‘s mission is to provide a scalable, interoperable, and decentralized application platform that defines and realizes the new form of the web: Web3.0.
ABOUT SiO2 Finance
SiO2 Finance is the multi-VM lending hub on Astar for Polkadot. It aims to become the best lending product with excellent user experience, easy-to-use one-click features, and transparent governance.
RESOURCES
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