Difference between revisions of "Lemma Finance"

Lemma Finance (view source)

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Revision as of 21:18, 21 April 2022 (view source) Salveboccaccio (talk \| contribs) (added Lemma Finance.) Tag: Visual edit		Revision as of 21:48, 21 April 2022 (view source) 0xBigDaddy (talk \| contribs) Tag: Visual edit Newer edit →
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	'''Lemma''' is a protocol built on Arbitrum, that offers a basis trading vault and a decentralized stablecoin, called USDL, backed by arbitrage opportunities. Users can deposit assets into Lemma Basis Trading Vault or they can use them as collateral to mint USDL. When a user deposits assets into the Basis Trading Vault, the protocol uses these assets to mint and stake USDL, while the user receives xUSDL (staked USDL) in return.<ref>https://docs.lemma.finance/</ref>		'''Lemma''' is a protocol built on [[Arbitrum]], that offers a basis trading vault and a decentralized stablecoin, called USDL, backed by arbitrage opportunities. Users can deposit assets into Lemma Basis Trading Vault or they can use them as collateral to mint USDL. When a user deposits assets into the Basis Trading Vault, the protocol uses these assets to mint and stake USDL, while the user receives xUSDL (staked USDL) in return.<ref>https://docs.lemma.finance/</ref>

	== The USDL Stablecoin ==		== The USDL Stablecoin ==