GARD (GARD)

Total Value Locked$46,266

TVL by Chain

Algorand$46,266

Key Metrics

$GARD Price$1.09

Staked$0

Protocol Information

The GARD Protocol offers decentralized money and fixed-yield products for Algorand users. Users can leverage their assets held in collateralized debt positions to draw a stable line of credit in GARD, our stablecoin. To borrow GARD, users must supply collateral in excess of what is borrowed in the form of whitelisted assets such as ALGOs or ALGO derivatives. Once a user holds GARD they may earn interest by staking it, adding to specific liquidity pools, liquidating risky users, selling LP tokens to the protocol, or using GARD to buy other assets to increase leverage. If a user happens to borrow against any ALGOs they hold they’ll also be able to use their collateral to participate in Algorand’s governance system and still earn Algorand governance rewards.

Category:CDP

Audits:

Development Activity

Updated at Jan 10, 2024

Weekly commits1

Monthly commits1

Weekly developers1

Monthly developers1

Last commit10/01/24 (2 years ago)