Trading cryptocurrencies is risky because you are battling with the high volatilities in the market, as well as the Fear, Uncertainty, and Doubt (FUD) created in the market.
What is the Collar Protocol?
The Collar Protocol is a decentralized lending protocol that seeks to reduce the risks of using crypto-assets to interact with a Yield Farming protocol.
Collar Protocol wants to offer more competitive advantages when compared to existing Yield Farming protocols, such as Wing, Aave, Compound, dYdx, and Cream.
Why Collar?
With Collar The Rates Don’t Swing
Borrowing crypto assets is nice because it helps you to enter trades and make important crypto investments, even if you don’t have the assets at the moment.
However, you might end up paying more because some lenders and even liquidity pools, tend to take advantage of that to charge more for the loans.
Don’t worry about that because Collar Protocol has tackled it. With this protocol, you are confident that the rates won’t swing. With the fixed interest rates, there is no need to bother about fluctuating interest rates that will have you paying lower today and higher tomorrow.
Collar Protocol is one of the decentralized liquidity pools that don’t rely on Oracles. One of the major reasons for this is that the protocol doesn’t rely on or source price feeds.
For more information
Contact the listed links
Discord - https://discord.com/invite/GetGygfMBy
Telegram- https://t.me/collarfinance