Introduction

VycoLend is a decentralized, transparent and non-custodial liquid assets lending protocol built for layer2 chains where users can participate as lenders or borrowers in isolated lending pools. VycoLend aims to build high-velocity markets for more traditional crypto-asset lending services, with one unified margin account, users can earn interest on deposits, borrow from shared liquidity pools against collateral.

At launch, VycoLend will enable borrowing and lending money markets across a set number of assets, with community governance expected to be fully implemented by Q2 2023.

Links:

Website: https://www.vycolend.com/

Discord: soon

Twitter: https://twitter.com/vycolend

Medium: soon

Key Features

1. Lending and borrowing: Lenders can lend many different types of assets to earn interest. This interest comes from organic borrowers as well as leveraged yield farmers who borrow assets to increase their farming positions.

2. Open governance: Fully unite the power of the community through governance incentives and expand the influence of the community.

3. Staking: Provide incentives for stakers.