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Altitude
Altitude is a DeFi protocol that provides a solution for managing collateralized loans by actively managing the loan’s debt and collateral in real-time to optimize capital efficiency and secure the best borrowing rates.
Distributed
Description
Altitude provides a seamless solution for DeFi loans by actively managing debt and collateral in real-time to optimize capital efficiency. When a user borrows through Altitude, their loan and collateral are placed with leading lending pools like AAVE or Morpho. The platform focuses on securing the best interest rates and using collateral efficiently to pay down the loan. It automatically utilizes appreciating collateral to generate yield, which is then used for loan repayment. Conversely, if the collateral's value decreases, Altitude rebalances the loan to maintain a healthy loan-to-value (LTV) ratio. The system also continuously scans for lower interest rates across supported pools and automatically refinances the loan to the best available rate.Grant Funding
VC Funding
None
2024
$0
$6.1M