Sturdy provides a decentralized lending protocol utilizing isolated risk pools with shared liquidity for enhanced capital efficiency. Lenders manage exposure by selecting specific collateral assets backing their deposits within this architecture. The platform leverages a Bittensor subnet to autonomously optimize yields for deposited assets.
Funding
$4M 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.
KVODSFounders
Product
Problem
Existing decentralized finance (DeFi) lending protocols often require lenders to accept the risk of all collateral assets, while borrowers are limited by the available assets for loans. This lack of customization and risk isolation can deter both lenders and borrowers.
Solution
Sturdy Finance is a DeFi protocol that enables isolated lending with shared liquidity, allowing lenders to select specific collateral assets they are exposed to, thus managing their risk. The protocol uses Yearn V3 yield optimizers to distribute deposits across whitelisted silos, enabling lenders to choose which collateral assets can be used against their deposits. Sturdy's Bittensor subnet provides aggregators with allocations generated by Bittensor miners to autonomously optimize yields. Borrowers benefit from permissionless access to a diverse range of assets for loans, creating a more flexible and efficient lending and borrowing experience.
Target Audience
The primary target audience includes DeFi lenders seeking customized risk management, borrowers looking for permissionless access to diverse assets, and project teams aiming to establish liquid money markets for their tokens.
Features
- Isolated lending pools that allow lenders to choose the collateral assets they are exposed to.
- Permissionless asset onboarding for borrowers, expanding the range of borrowable assets.
- AI-optimized yield aggregation via Sturdy's Bittensor subnet.
- Integration with Yearn V3 yield optimizers for efficient deposit distribution.
- Support for project teams to create liquid money markets for their tokens.
- Audited by ChainSecurity, ensuring a high level of security.