Borrow (coming soon)
Arcadia brings new innovative features to borrowers and serves untapped lending markets.
Most users hold more than only ERC20 assets in their portfolios. However, if they want to use assets other than simple ERC20s as collateral they are forced to swap for an ERC20 token first. As a result, there are billions of dollars worth of liquidity locked in under-utilised quality assets, like Curve LPs, Uniswap V3 LPs and other NFTs that can't be used as collateral. Arcadia allows borrowers to unlock the capital locked in these quality long-tail assets without having to sell them.
Furthermore, unlike other lending protocols, Arcadia borrowers are able to actively manage the assets held in their account without having to close positions first. This means that users can vote, stake, earn yield, and claim airdrops while holding and borrowing against the underlying assets.
- 1.Borrower opens a margin account.
- 2.Borrower deposits collateral asset(s). Borrowers can deposit a single asset or a combination of assets in the same margin account (up to 15 different collateral assets at once).
- 3.Borrower can borrow against their whole portfolio of deposited collateral assets.
Borrowers are subject to an origination fee and an interest rate fees. For more information, please check the FAQ.