B.Protocol
B.Protocol democratizes liquidation systems in DeFi to unlock better capital efficiency.
What is B.Protocol?
B-Protocol is a decentralized backstop liquidity protocol in which backstop liquidity providers (BLP) purchase the right to liquidate under-collateralized loans and share profits with platform users. As a result, users receive a higher yield than their standard interest rate. The proposed mechanism eliminates the need for gas wars between liquidators, transferring a significant portion of the protocol value back to borrowers and lenders, and improving their effective interest rate.
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B.Protocol alternatives
Explore web3 competitors and apps like B.Protocol.
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