Silo

Silo is a non-custodial lending protocol to borrow against any crypto asset.

Whitepaper

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What is Silo

Silo is building technology so you can borrow any token using another securely. It is a non-custodial lending protocol for permission-less money markets.

We want to bring secure lend/borrow markets to all tokens in the same way Uniswap brought liquidity pools to thousands of tokens. This simply means you will be able to use any token as borrow collateral.

How is Silo different from other lending protocols?

• Secure: In Silo, the impact of a token being hacked, exploited, or manipulated is isolated to the respective market, not the protocol.
• Efficient: Each market supports only 2 assets, the bridge token, and a unique token. This design concentrates liquidity in single pools and allows for a high degree of efficiency.
• Scalable: With Silo’s market design, the risk is isolated at a market level, and therefore any of the ~10,000 tokens available today can theoretically have a lending market.