Jackfruit Finance is a decentralized finance (DeFi) protocol that aims to provide core financial services without intermediaries. It functions as a money market on the Cardano network, allowing users to participate as either depositors or borrowers. Depositors can supply crypto assets to a liquidity pool to earn passive income from interest, while borrowers can take out over-collateralized loans from these pools. The project's mission is to build a foundational element of the Cardano DeFi ecosystem by enabling transparent and permissionless lending and borrowing.

Founded in

Kenya