Some usage as lender/borrower

Here are few possible utilisation of the app.

Lender usage 1: Best variable yield

Make an offer for a short loan, borrowers will take over and over your loan. From time to time adjust the rate so your offer stays competitive. You obtain in-fine the best variable yield the market can offer, if there are enough borrowers that borrow short term, and it auto-compounds.

Lender usage 2: Best fixed yield

Make an offer for a very long loan, just below market rate. Any borrowers that takes the best available offer will take yours, and offer you what is the best fixed yield at the moment, with no risk of bad debt.

Borrower usage 1: Lombard loan against your defi positions

In this usecase, you don't want to exit your defi position but wish to obtain a cash loan to do whatever.

To do so, make a long term loan with your defi position as collateral, you obtain the related asset that you can sell to obtain whatever asset you wish. You have no risk of liquidation, so there is nothing to monitor. Just don't forget to pay back your loan at the end of the term, or take a new one when it expires soon :)

Borrower usage 2: Leveraged defi positions

Suppose you can borrow at 5%, but your defi position earn 10%, loop it: place your defi position as collateral, borrow, rebuild a defi position with it, re-borrow, etc... Just don't forget to unwind it when the loan ends. I will provide the option to do leveraged positions when I finish other things.