Davos Protocol

Total Value Locked$167,501
Chain Breakdown
BSC$111,327
Polygon$16,929
Arbitrum$16,267
Linea$12,494
Ethereum$8,261
OP Mainnet$1,300
Polygon zkEVM$923.15
Mode$0.72
USDBNB

Protocol Information

Davos Protocol is a pioneering DeFi platform that revolutionizes the use of collateral in the cryptocurrency space. It uniquely integrates Liquid Staking Tokens (LSTs) and Liquid ReStaking Tokens (LRTs) as collateral for its Collateralized Debt Positions (CDPs), enabling users to borrow its versatile omnichain stablecoin, DUSD. By aligning Loan-to-Value (LTV) ratios with the risk profile of each collateral type, Davos offers a balanced and secure borrowing experience. Users can capitalize on their staked assets, maintain rewards, and explore compounded yield opportunities across various DeFi activities. Emphasizing user-centric governance and innovation, Davos Protocol is at the forefront of advancing DeFi composability and sustainable yield generation

Category:CDP

Forked from:MakerDAO

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Competitors

QiDao($9.91m)Angle($31.26m)Overnight Finance($21.9m)Gravita Protocol($10.74m)Abracadabra Spell($38.48m)Sky Lending($7.158b)Avalon USDa($485.71m)Beraborrow($376.96m)lisUSD($371.16m)USDD($329.78m)