Defynance Document Portal

Defynance is a decentralized non-custodial money market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn passive income, while borrowers are able to borrow in an overcollateralized fashion.

This Portal links to the key resources on Defynance to understand the fundamentals of the business and protocol. Please join the discussion on the Defynance Community Discord server; our soon to be community granted dev teams as well as other members of our growing community look forward to helping you build on top of Defynance.

Check Frequently Asked Questions for an introduction to Defynance and its key features.

Defynomics introduces a formalized path to the decentralization and autonomy of the Defynance protocol.

Lightpaper

The Lightpaper, a vision and roadmap of the Defynomics proposal.

This forum is dedicated to Defynance's governance discussion for matters such as Defynance Improvement Proposals (DIPs), risk factors, and general governance discussions.

The Risk Framework is analysis of the fundamental risks of the protocol and describes the processes in place to mitigate them.

Asset Risk

Asset Risk goes over the implications of adding a new asset. Defynance's methodology quantifies the risks of each asset assessing its fit as wells as the appropriate risk parameters.

Asset Risk Parameters

Liquidity Risk

Liquidity Risk presents the liquidity risk mitigation strategies in place validating them by an analysis of the historical utilization of the protocol and the liquidity of sTokens.

Interest Rate Model

Defynance's borrow interest rate model is central in the management of liquidity risk. As utilization rises, so do the borrow rates as a consequence of the higher price of capital. The Interest Rate Model is described with the parameters of each asset and currency.

A technical dive into Defynance's smart contracts to understand howe the protocol works and how the protocol will potentially look in the future.

Glossary

Last updated

Was this helpful?