Allowing lenders, traders and borrowers to tap into the under-utilised liquidity on lending pools will lead to increased capital efficiency as they act to perform higher leveraged margin trading.
Keep Finance is a lending protocol that allows traders, lenders and suppliers to utilise the vast liquidity in lending protocols for margin trading. It will allow USDC, ETH and Matic to start. After the public deployment to crypto-holders, the protocol will also integrate a fiat on-ramp API to scale mass adoption by non-crypto-holders.
We have built the protocol on Polygon and Optimism testnets with Hardhat. Users will connect to the protocol with Wallet Connect. On-chain prices for assets are pulled by Chainlink API and off-chain prices are pulled by Covalent API and all transactions are recorded as a subgraph using The Graph. The protocol is underpinned by 1inch swap contracts and the integration of the codes with their APIs presented a challenge that was overcome.