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About Burrow Summary
- Burrow is a decentralized, non-custodial, pool-based interest rates platform.
- Users can supply assets to earn interest and borrow against them to unlock liquidity.
- Similar to Aave, Compound, and other pool-based protocols.
- Runs natively on the NEAR blockchain, a layer 1, proof-of-stake, sharded blockchain.
- Smart contracts written in Rust.
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About Burrow: Empowering a New Era of Decentralized Applications
Burrow is a decentralized, non-custodial, pool-based interest rate platform that empowers users to supply assets and earn interest, while also facilitating borrowing against them to unlock liquidity. Similar to Aave, Compound, and other pool-based protocols, Burrow operates on a decentralized framework.
Burrow operates natively on the NEAR blockchain, a cutting-edge, layer 1, proof-of-stake blockchain that leverages sharding and boasts a WebAssembly runtime. Notably, the Burrow protocol’s smart contracts are crafted in Rust, ensuring a robust and efficient framework.