 | Echelon |
Echelon is a money market enabling permissionless borrowing and lending of assets. The protocol protects lenders from defaults and collateral volatility by requiring borrowers to over-collateralize loans, alongside other risk management parameters.
WhitepaperImportant By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.
What is Echelon
Echelon is a high-efficiency borrow/lend market designed to scale Move DeFi & liquidity. Drawing inspiration from AAVE's E-Mode, Echelon offers unmatched capital efficiency to borrowers with high LTV loans on select asset pairs, such as stables or LST and native assets.
Echelon v1 is audited and live on Aptos mainnet as of March with plans to expand to other Move VMs such as Movement's M2 and Initia in 2024. v1.1 will support RWA collateral (i.e. Ondo's USDY) and covered call options vaults.
Echelon Roadmap
- Development of Core V1 lending Market
- Aptos Grant finalization
- Audit and Testnet
- Mainnet Launch with APT incentives + Points Program
- Margin for Aptos DeFi & GambleFi apps
- TGE (Launchpad + CEXs)
- End of Points Season 1:
- Airdrop
- Launch on Move chains
- Cross Chain Landing with Movement Labs
- Connecting Move Liquidity
- Integration of EVM and Solana for X-Chain Lending
Social media
Twitter
Discord
Medium
GitHubMVP
WebsiteIndustries
