Introducing the first ever XRP backed CDP - Enosys Loans!
Enosys Loans is a friendly fork of Liquity V2 (
@LiquityProtocol), deployed on
@FlareNetworks.
Secured by decentralized price feeds from the FTSO and protected with live monitoring through
@HypernativeLabs, Enosys Loans brings the battle tested functionality of Liquity V2 to
#XRPFi.
Supply FXRP or wFLR as collateral to borrow CDP Dollars - a soft pegged stablecoin - and access the value of your assets without having to sell.
Set your own interest rate for borrowing, or delegate rate management to
@nortso for stress free borrowing.
Supply your
$CDP to the Enosys Loans Stability Pools to earn protocol fees, liquidation rewards, rFLR and
$APS.
CDP in the FXRP Stability Pool earns 75% of FXRP branch mint fees and interest, plus 80k rFLR and 0.4 APS per day in incentives.
CDP in the wFLR Stability Pool earns 75% of wFLR branch mint fees and interest, plus 20k rFLR and 0.1 APS per day in incentives.
Or, supply liquidity to the new CDP/USDT0 LP on Enosys DEX V3 to earn swap fees and a share of 100k rFLR and 0.5 APS per day!
Initial Mint Caps are set to $4M CDP for FXRP and $1M CDP for wFLR.
Join the next evolution of
#XRPFi now at
loans.enosys.global/