Article Summary, Automatically Generated By AI
Summary of Tranquil Finance
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Definition:
Tranquil Finance is an algorithmic money market protocol on the Harmony ONE blockchain. -
Features:
- Supply and borrow assets
- Receive or pay interest in a decentralized way
- Borrowing and lending interest set based on market demand
- Loans are over-collateralized to ensure solvency
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Availability:
TRANQ is available on Sushiswap for Harmony -
Numbers and Figures:
None -
Case Studies/Anecdotes:</
About Tranquil Finance: Empowering a New Era of Financial Freedom
Introducing Tranquil Finance (TRANQ): A Beacon of Stability in the Cryptosphere
Tranquil Finance is an innovative algorithmic money market protocol built on the Harmony ONE blockchain, empowering users to seamlessly supply and borrow assets in a completely permissionless and decentralized manner. The borrowing and lending interest rates are dynamically adjusted based on market demand, while loans are safeguarded through over-collateralization to ensure solvency.
Acquiring Tranquil Finance (TRANQ): A Comprehensive Guide
TRANQ is now accessible on Sushiswap, specifically tailored for the Harmony ecosystem.