PWN is a permissionless, peer-to-peer lending protocol that allows users to lend and borrow using any digital asset as collateral, with customizable terms and fixed interest rates. This platform addresses the challenges of liquidity and automatic liquidations in decentralized finance by enabling users to maintain control over their lending strategies and risk parameters.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
In decentralized finance (DeFi), users often face challenges related to liquidity and the risk of automatic liquidations due to price volatility. Existing lending protocols may not provide sufficient control over lending strategies and risk parameters, limiting flexibility for both lenders and borrowers.
Solution
PWN offers a permissionless, peer-to-peer lending protocol that allows users to lend and borrow using any digital asset as collateral, with customizable terms and fixed interest rates. The platform enables users to maintain control over their lending strategies and risk parameters, eliminating price-based liquidations. Lenders can earn fixed, competitive yields using any token as credit, while borrowers can access loans with fixed interest rates using any asset as collateral. PWN also offers curated, multi-asset, fixed-yield strategies that users can commit to with a single signature.
Target Audience
The primary target audience includes DeFi users seeking greater control over their lending and borrowing strategies, as well as those looking for fixed-rate lending opportunities and customizable risk parameters.
Features
- Permissionless, peer-to-peer lending and borrowing
- Customizable lending terms and fixed interest rates
- Use of any digital asset as collateral
- No automatic liquidations based on price fluctuations
- Curated, multi-asset, fixed-yield strategies
- Lean liquidity option to utilize funds in Aave or Compound while waiting for proposals to be accepted
- Reputation scoring system to reward users for platform usage
- Integration with PWN DAO for community governance