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Echelon
Created byEchelon is a high-efficiency borrow/lend market designed to scale Move DeFi & liquidity. Drawing inspiration from AAVE's E-Mode, Echelon offers unmatched capital efficiency to borrowers with high LTV loans on select asset pairs, such as stables or LST and native assets. Echelon v1 is audited and live on Aptos mainnet as of March with plans to expand to other Move VMs such as Movement's M2 and Initia in 2024. v1.1 will support RWA collateral (i.e. Ondo's USDY) and covered call options vaults.
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DreWhytePosts9 months ago
A forward-looking roadmap outlining how Echelon envisions the future of money markets within MoveVM and beyond. Echelon is poised to redefine the DeFi landscape by establishing itself as a a leading permissionless money market. Drawing inspiration and harnessing the best features of proven protocols like Aave v3, Echelon V1 is designed to offer unmatched capital efficiency. As we gear up for our Aptos mainnet launch in February 2024, we would like to introduce our tentative roadmap and grand vision for the future of Move DeFi.
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COMMUNITY CRITERIA
- Must own a valid Aptos wallet to verify on-chain activities.
- Must agree to and follow the community’s code of conduct, including respectful participation and avoidance of harmful behavior.
- Must have engaged in community activities such as polls, proposals, posts and others.
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Rewards are distributed as you engage on the platform
Total Amount
100,000
- Amount left 100,000
- Amount spent 0