
Echelon
Universal lending market connecting liquidity and supercharging yields on Aptos.
Date | Investors | Amount | Round |
---|---|---|---|
* | $3.5m | Seed | |
Total Funding | 000k |
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Echelon is a decentralized financial market that operates on the Aptos blockchain, utilizing the Move programming language. The platform enables users to borrow and lend assets through non-custodial pools, allowing them to earn interest or leverage their buying power. Echelon's protocol ensures the safety of lenders by requiring borrowers to over-collateralize loans and by implementing risk management measures such as liquidations. The company primarily serves cryptocurrency investors and traders looking for efficient and secure ways to maximize their asset yields. Echelon's business model revolves around facilitating these lending and borrowing activities, earning revenue through transaction fees and interest rate spreads. The market it operates in is the decentralized finance (DeFi) sector, which is rapidly growing and evolving. Echelon stands out by offering formally audited services, high collateralization rates, and cost-effective borrowing options.
Keywords: decentralized finance, Aptos blockchain, Move programming, non-custodial pools, over-collateralization, risk management, cryptocurrency, lending, borrowing, yield optimization.