Vicuna Lending
This protocol has some TVL that's classified as borrowed, enable the toggles to see it
Vicuna Lending
Description
Vicuna Finance operates as a native borrow/lending protocol, facilitating leveraged yield farming on the Sonic Blockchain. Lenders can earn yields on their tokens, while borrowers gain access to capital-efficient, undercollateralized loans for leveraged yield farming positions
Total Value Locked
$118.98
| Sonic: | $118.98 |
|---|---|
| borrowed: | $23.45 |
Charts
- Flows
Methodology
Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.
Protocol Information