Dear Bankless Nation,
Amid the recent uncertainty in DeFi, a new protocol has emerged...
Ajna Finance is a new breed of DeFi lending project, and it's aimed at offering users flexibility while minimizing points vulnerable to external manipulation. Let's get you up to speed on the basics of borrowing and lending with this rising project.
-Bankless team
Ajna Finance stands out from the DeFi borrowing and lending crowd due to its unique oracle-less and governance-less design, which operates according to a peer-to-pool model.
As such, Ajna doesn't depend on external price feeds to determine asset prices or rely on governance voting to set parameters like rates or loan-to-value ratios.
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* Bankless team holds crypto assets and advise crypto projects. Ajna is included in our disclosures. See our complete investment disclosures here
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