4/ Genesis Pool will be the first Terra cross-collateral pool that unleashes the potential of these seven assets for users to be able to lend, borrow and use them as collaterals for borrowing one another.
5/ Guarded beta launch, for the sake of the safety and security of our users’ funds, we’re going to have the initial total supply cap for $10M at the first moment of the launch.
6/ This cap limit can be gradually increased. We will consider raising the cap limit according to the user's demand and the pool’s circumstances.
7/ In addition to an official audit by The Z Institute, Edge Protocol team has rigorously done internal testings for not only the smart contract to ensure users' funds safety but also the frontend to ensure the seamless users' experience.
8/ The Genesis pool is here to demonstrate the power of Edge’s pool, which upcoming protocol-owned money markets will be built on.
We are excited to hear the community’s feedback to improve and become your friendly neighborhood “money market as a service” platform.
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1/ In our previous introductory article, we presented an overview of Edge’s three cornerstone products: 1. Customizable pool creation 2. Edge Marketplace 3. Stability Reserve
2/ Today, we’re excited to announce the first phase of our ‘customizable pool creation’ feature, along with the transformative use cases and benefits that it’ll bring.
Edge Protocol will adopt the concept and values of “Collaborative Finance” to create “permissionless money market protocol” on @terra_money, providing the edges on capital efficiency for all people.
$LUNA $UST
1/ 🌚🌝
2/ Imagine a station where people can come together to create their own banks by setting their own terms for their own peers.
3/ Inspired by “Collaborative Finance” and “Microfinance”, we develop our protocol based on two main values as follows.