What makes Silo different from other lending protocols?
Let's look at an example with the $FARM token from @harvest_finance!
📌 Traditional shared pool lending markets are limited in the choice of tokens they can list because exploit in one token could lead to bad debts from creditors of any other token on the platform.
In the case of "tailed" assets, such as $FARM, this may not allow credit protocols leaf through them!
👉Structure Silo with isolated risk means that this operational risk is isolated to individual silos, which consist of only the underlying asset and our intermediate assets $ETH And $XAI.
🥳 This allows us to serve much more assetsthan our competitors (this will be publicly available in the future).
💥 WHAT TO DO?
For the first time you can unlock your capital using borrowed funds!🔥
👉 Do you want to earn profitability while maintaining your position?
Enter $FARM, take $ETH or $XAI and use them on other protocols DeFi.😎
💸 $FARM silo will bring capital efficiency to all its holders, allowing you get the most out of your investment without having to sell.
📌B shared-poolsBecause the risk is protocol-wide, a prudent user should be aware of the attack vectors for each of the listed tokens.
At Silo, $FARM lenders maintain the security of our isolated structure, i.e. exploitation of the token in another silo will not affect your deposit.👌
💥Are you interested? Silo united With @harvest_financeto sow silo $FARM with $FARM and $XAI!
🔓Unlock your $FARM capital Here !
Based thread
Translation author: Inna
