Ebisu Finance

Ebisu Finance

Ebisu Finance provides a decentralized borrowing platform where users can mint the ebUSD stablecoin against yield-bearing collateral. It offers features like leveraging and earning yield through staking and liquidity provision.
Distributed

Description

Ebisu Finance is a stablecoin credit market that allows users to borrow ebUSD, a stablecoin backed by blue-chip, yield-bearing assets, at competitive, user-set interest rates. The platform enables users to mint ebUSD against their collateral, leverage their collateral exposure up to 11x, and earn real yield by staking ebUSD in the Stability Pool or providing liquidity on decentralized exchanges. Users can also stake the native token, EBISU, to direct protocol revenue and growth. The protocol is built on Liquity V2 and has been audited. Key partners include Ethena, Etherfi, Lombard, Liquity, and Curve.