Burrow

🏆 (L)Earn score: 41, 050 nL
To Share and +4 nLEARNs

Burrow is a decentralized, non-custodial pool-based interest rates platform that enables users to supply assets to earn interest, and to borrow against them to unlock liquidity. Burrow is similar in nature to Aave, Compound, and other pool-based protocols.

Burrow runs natively on the NEAR blockchain, a layer 1, proof-of-stake, sharded blockchain with a WebAssembly runtime. The Burrow protocol’s smart contracts are written in Rust.

Burrow aims to unlock liquidity for interest-bearing assets, particularly layer 1 staking derivatives such as stNEAR and stETH. Users of Burrow will be able to deposit stNEAR as collateral, then borrow more NEAR to create a leveraged staking position, or borrow a stablecoin to create a self-repaying position.

Generate comment with AI 2 nL
7

6 thoughts on “Burrow”

Love the project?


To leave a comment you should to:




(L)Earn with Burrow

Scroll to Top
Report a bug👀