XycLoans
XycLoans is a decentralized flash loans protocol that runs on Soroban. It manages its own liquidity being structured in liquidity pools for each supported token. Borrowers can borrow from these pools any available amount through flash loans and lenders can provide liquidity to earn healthy and risk-free yields (as flash loans never lose liquidity by design). XycLoans is a flash loans-only protocol, making it extremely safe in terms of security and investment opportunities.
Team Size
2
Project Type
DeFi
Total awarded
$31.8K*
Submissions
1
Core team
Tommaso De Ponti
heytdep
Federico Carlos De Ponti
itsfedericoSubmissions
*The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on the day of payment as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker XLMUSD_RR) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.
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