algofi

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AlgoFi Lending/Borrow Protocol Review 🤲💵

3 Jan 2023 2 minute read 2 comments RenanBR

Today we will review the Lending and Borrow Protocol available in the Algorand ecosystem, known as Algofi. It's not only a lending market, but also works as decentralized exchange and has its own stablecoin stablecoin, called STBL/STBL2. Let's get in...

Algofi: The Bank of Algorand

17 Sep 2022 1 minute read 0 comments TyreP

*THIS IS NOT FINANCIAL ADVICE! DO YOUR OWN RESEARCH!!!* Algofi is different from other crypto lending platforms. "Why is it different?" You might ask. Well that is because Algofi is on Algorand. Like other lending platforms, Algofi has a swap featur...

4 Ways to Earn Passive Income on the Algorand Blockchain

6 Apr 2022 5 minute read 3 comments 2sats

*obligatory not financial advice*   What is Algorand? Algorand is a smart contract blockchain that has gained a lot of popularity since the crypto market started to rally again in 2020. That is because it’s practically feeless and is so fast that its...

Update on AlgoFi: A Lending Protocol and DeFi Beast on Algorand

6 Mar 2022 3 minute read 3 comments 2sats

*obligatory not financial advice*   AlgoFi is a DeFi application on Algogrand. Initially it launched only as a lending protocol, where you can earn a yield by depositing ALGO, goBTC and goETH. You can also use your provided tokens as collateral to le...

Algofi and its BANK Token: A Lending Protocol Running on the Algorand Blockchain

27 Nov 2021 3 minute read 2 comments 2sats

*obligatory not financial advice*     What is Algofi? Algofi is the first lending protocol that will launch on Algorand. Algofi will allow its users to take over collateralized loans with various coins and tokens like Aave or Compound do and it will...