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Paxo Finance
Information by Research Trustfinance
Paxo Finance is a DeFi protocol designed to enhance capital efficiency by offering isolated money markets for undercollateralized loans. Unlike traditional overcollateralized DeFi lending, Paxo allows users to borrow crypto assets by providing only a fraction of the loan amount as collateral, with the borrowed funds being restricted to use for investment within whitelisted decentralized exchanges through the protocol's smart contracts. Its mission is to unlock new investment opportunities and yield strategies for users by providing a secure and automated environment for leveraged trading and farming.
Industry
Crypto
Financial