Description
OpenSky enables lenders to deposit their BTC or ETH to earn passive income, while borrowers can pledge their BTC or ETH NFTs to borrow. The platform offers two ways to borrow: peer-to-pool and peer-to-peer loans, and it maximizes capital efficiency by eliminating capital inefficiency through a solution built on top of Aave. OpenSky also features time-based liquidation to avoid auto liquidation risks for borrowers.