Basic lending pool operations
Last updated
Last updated
The Lender Pool is a suite of smart contracts. Where components are modular, flexible, and scalable.
An endless pool allowing our Lenders to supply capital in order to earn passive yield. The Pool then automatically allocates that capital across the 3rd party Defi protocol to hold money and earn extra yield.
Interest for Lenders shall be gained over time and can be redeemed directly by the Lenders at any time. Eg : Aave rewards.
When Lenders supply to the Pool, they receive an equivalent amount of T-Stable (1:1). T-Stable is an ERC20 token and only represents the principal value of the investment made by the lender.
At any time, Lenders can withdraw by redeeming their T-Stable for USDC at an exchange rate of 1:1 from the redeem pool; this will burn the T-Stable token at the point of redemption.
Over a period of time, we will bring use cases to stake T-Stable or create a system to get rewards in a different format.
LenderPool is a suite of smart contracts. Where components are modular, flexible, and scalable.
It consists of three components that can be updated and changed to another as long as it respects respective Interfaces:
RewardManager, is a smart contract that can be updated and is taking care of the rewards. Can be switched to a new RewardManager as long as it respects the IRewardManager.
Verification, where all the requirements will be checked (KYC, AML, etc). Can be switched to a new Verification as long as it respects the IVerification interface.
Strategy, is a smart contract that will be linked to one or more 3rd parties, where the funds will be allocated to generate profits. Can be switched to a new Strategy as long as it respects the IStrategy interface.
