InformationTVL

ELMA (ELITE)

Total Value Locked$36.53

TVL by Chain

Fantom$36.53

Protocol Information

Elite Lending Market Aggregator, aka ELMA, leverages Bribe Markets to Boost Lending Yields by Splitting a Re-Deposited Asset into a user-stakeable PT & a YT thats bribed

Category:Lending

WebsiteTwitter

Methodology

TVL: Principal Tokens (PT) are always 1:1 mintable & redeemable with Underlying Tokens (UT). TVL is Total Market Cap of all PT, where 1 PT = 1 UT.View code on GitHub

Competitors

Aave V3 ($32.443b)Iron Bank ($10.57m)Impermax V2 ($1.98m)Tarot ($1.29m)Scream ($1.29m)88mph ($440,219)Fuji V1 ($260,196)Granary Finance ($209,736)Hundred Finance ($157,234)Geist Finance ($116,983)