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Summary of Moola Celo USD
- Moola is a non-custodial liquidity protocol on the Celo blockchain.
- Depositors earn yield paid for by borrowers.
- Borrowers can take over-collateralized loans in perpetuity or under-collateralized flash loans.
- Moola has shared ancestry with Aave v2.
- No specific numbers or figures mentioned.
- No case studies, anecdotes, or examples mentioned.
About Moola Celo USD (cUSD)
Moola is a decentralized, non-custodial liquidity protocol built on the Celo blockchain, revolutionizing access to yield and credit opportunities. By participating in the protocol, depositors can actively generate yield, which is subsidized by borrowers who have the flexibility to secure over-collateralized loans with perpetual terms or under-collateralized flash loans. Notably, Moola shares a common heritage with Aave v2.