The Internet Corporate Bond
Marketplace for Protocol Debts
Borrowers
Lenders
Borrowers
Capital-efficient loans for protocol-managed liquidity
![Grow protocol TVL by offering fixed-yield to depositors](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fborrower-3.41fc601b.png&w=1920&q=100)
Grow protocol TVLby offering fixed-yield to depositors
![Get fixed-cost yield leverage to enhance protocol income](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fborrower-4.64e27441.png&w=1920&q=100)
Get fixed-cost yield leverageto enhance protocol income
![Reduce token dilution from inefficient liquidity mining](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fborrower-2.4e332fb7.png&w=1920&q=100)
Reduce token dilutionfrom inefficient liquidity mining
![Alleviate liquidity bottlenecks that constraint overall growth](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fborrower-1.dd2dd64f.png&w=1920&q=100)
Alleviate liquidity bottlenecksthat constraint overall growth
Lenders
Fixed-yield from insured loans to protocols
![Fixed-yield from protocol debt, instead of floating yield from pools](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Flender-1.a5ca59d1.png&w=1920&q=100)
Fixed-yield from protocol debtinstead of floating yield from pools
![Principal-protected by insurance against drawdown & liquidity risks](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Flender-4.247c427a.png&w=1920&q=100)
Principal-protected by insuranceagainst drawdown & liquidity risks
![Fully secured on-chainloans via liquidity warehouse mechanism](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Flender-2.999429f9.png&w=1920&q=100)
Fully secured on-chainvia liquidity warehouse mechanism
![Debt covenant monitoring triggers liquidation to protect lenders](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Flender-3.88db20a2.png&w=1920&q=100)
Debt covenant monitoringtriggers liquidation to protect lenders
How It Works
Secured on-chain yet capital-efficient
![Copra Mechanism Diagram](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fcopra-diagram.321576f0.png&w=3840&q=75)
Security at the forefront
Audited by
![Sherlock](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fsherlock-logo.73a4a8cb.png&w=1080&q=75)
![Zokyo](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fzokyo-logo.acc75eb1.png&w=640&q=75)
![CTA Background](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fcta-bg.e8666df7.png&w=1920&q=75)