Debita Finance
  • Debita V3
    • Summary
  • Lending
    • Orders
    • Aggregator
    • Incentives
    • Loans
    • Oracles
  • Marketplace
    • Auctions
    • Limit Order
  • Receipts
    • veNFTs
    • Tax Tokens
  • Fees
    • Loans
    • Marketplace
    • Ranges
  • Resources
    • Addresses
    • Security
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  1. Debita V3

Summary

A peer-to-peer lending market for all assets

Debita is an innovative decentralised peer-to-peer lending protocol with custom terms and time-based liquidations that allows users to borrow against ERC20 compatible tokens and NFTs, with a strong focus on veNFTs, as collateral, facilitating streamlined and flexible interactions between borrowers and lenders.

Debita V3 introduces significant upgrades that improve capital efficiency and user experience, such as:

  • Integration of oracles to calculate ratios upon order acceptance to prevent price fluctuations from rendering offer parameters outdated and removing risks that come with it for supported assets

  • Allowing borrowers to use their collateral to accept liquidity from multiple lenders at once.

  • The introduction of a new marketplace for trading veNFTs, which features Dutch Auctions, primarily to solve issues related to defaulted (unsplittable) veNFTs liquidations but open to public use.

  • An advanced veNFT management tool that allows users to still have control over main features of the asset while utilising it inside Debita’s ecosystem.

NextOrders

Last updated 3 months ago

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