Ilaria
Fri Nov 01 2024
|
5 answers
986
What is the market cap of silo Finance?
I'm interested in silo Finance and I want to know its market cap. Could you please provide me with the information about the market cap of silo Finance?
SamuraiSoul
Thu Oct 31 2024
|
5 answers
1048
What is silo finance?
Silo Finance is a decentralized, permissionless lending protocol that provides secure and efficient money markets by isolating different currency markets. It allows users to create their own isolated markets for any token asset, paired with a bridge asset (currently ETH). This design minimizes risk and ensures that if one token is exploited, only the isolated market is affected. Silo Finance aims to solve the major pain points of existing lending protocols by offering a higher level of security through isolation.
