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Aloe

Aloe

Aloe is a decentralized finance (DeFi) protocol for permissionless lending built on the Uniswap exchange. It allows users to put their liquidity to work by connecting lenders with market-makers in a secure, open-source, and governance-minimized environment. The project is noted to be shutting down.
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Description

Aloe is a permissionless lending protocol built on Uniswap that connects lenders and market-makers. The platform is designed to be fully open-source and governance-minimized. It features dynamic LTVs updated by an onchain volatility oracle, liquidation warnings via Telegram, robust oracles using Uniswap V3 TWAP with manipulation detection, and Dutch auctions for liquidations to minimize losses. Users can customize risk through isolated markets. The protocol is deployed on multiple chains including Optimism, Arbitrum, and Base. The UI is powered by Permit2 for smooth, secure deposits. A banner on the site indicates that Aloe Labs is shutting down.