Algofi
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Decentralized lending protocol and stablecoin built on Algorand.
Algofi Protocol
Leveraged Trading (via Tinyman)
Users can lend Algo, goBTC, or goETH as collateral, then borrow USDC or STBL. Users can then trade USDC or STBL into Algo, goBTC, goETH, etc. to increase exposure to crypto assets.
Leveraged Yield Farming (via Yieldly)
Users can lend Algo, goBTC, or goETH as collateral, then borrow USDC / STBL. Users can then trade USDC or STBL into YLDY, OPUL, etc. and take in Yieldly pools