Description
Mochi is a decentralized finance protocol, operated by the Mochi Foundation, that enables users to put emerging digital assets and NFTs to work as collateral. Users can deposit supported assets and borrow USDM, Mochi's native stablecoin, without giving up long-term exposure to their collateral. The platform displays real-time metrics such as Vault TVL, USDM circulation, system ratio, and USDM TVL, indicating an active on-chain lending and stablecoin system aimed at crypto asset holders and DeFi users.