B-Protocol And Pickle Finance Has Announced Integration

Pickle Finance has collaboration with B-Protocol, a next-generation DeFi protocol that aims to optimise and automate the lending platform experience.

B Protocol’s V2 design features B.AMM, a fully autonomous vault-like smart contract that manages liquidations for users, allowing for better capital efficiency across DeFi lending protocols.

BProtocol and Liquity

As explained in this post, B.Protocol has recently integrated with Liquity to offer truly-passive APY to holders of the LUSD stablecoin. With the help of B.AMM, LUSD ‘stability providers’ won’t need to manage their ETH liquidation ‘rewards’ at their own time and expense.

About Pickle Finance

Pickle Finance is a decentralized finance yield farming protocol built on the Ethereum blockchain. … Pickle Finance is powered by a native ERC-20 token, PICKLE, that is used for governance and as a reward for liquidity providers.

About B Protocol

B-Protocol, a decentralized backstop liquidity protocol, where backstop liquidity providers (BLP) buy their right to liquidate under-collateralized loans and share their profits with the users of the platform. As a result, the users (borrowers and lenders) receive additional yield to their usual interest rate.

➡️Source:
https://picklefinance.medium.com/b-protocol-x-pickle-lusd-integration-3a9f14c55dd3