 | Prestare Finance (PRS) |
Prestare Finance is a lending protocol that offers undercollateralized loans for almost any asset without using off-chain information.
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What is Prestare Finance
Prestare Finance (Prestare) is a lending protocol that offers a lower collateral ratio and can even support under-collateralized loans with almost any assets, without using off-chain information. Compared with other lending protocols, we bring greater capital efficiency to catalyse DeFi growth and adoption.
Unpermissioned listing is introduced to Prestare by adopting isolated asset tiers. Prestare allows its users to determine which assets are listed. Assets on Prestare are divided into different tiers according to their risk. Users putting certain tier assets as collateral can only borrow the money from the corresponding tier pool out. If prices of low-tier assets are manipulated, only deposits in the particular tier will be affected. Risks are minimized.
Prestare Finance Roadmap
- Team Formation
- Business Model Design
- Finalization of Tokenomics
- Seed Fundraise
- Whitepaper Release
- Testnet Release
- Bug Bounty Launch
- Ecosystem Partnerships
- Security Audits
- Mainnet Launch
- Token Generation Event
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