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Port Finance
Port Finance is a Solana-based decentralized money market protocol offering lending products, multi-collateral deposits, and competitive interest rates.
Distributed
Description
Port Finance is a decentralized money market protocol on the Solana blockchain, offering a comprehensive suite of lending products, including variable and fixed-rate lending and interest rate swaps. The platform allows users to deposit multiple collateral types to define their borrowing power. Port Finance offers competitive lending and interest rate derivative products, with interest rates determined by the total borrowed amount and liquidity provided by lenders. The protocol utilizes third-party liquidations to maintain a healthy ecosystem and supports Flash Loan functionality. Port Finance's native token, PORT, enables users to participate in governance and share in protocol fees.Grant Funding
VC Funding
None
2021
$0
$10M