DeFi
B2C
January 2023
DeFi Lending Protocol
Challenge
A DeFi project needed to create a secure lending protocol that could handle multiple assets while maintaining competitive interest rates and minimizing risk.
Solution
Prysmic developed a multi-asset lending protocol with dynamic interest rates, liquidation mechanisms, and governance features. The solution included comprehensive security measures and efficient capital utilization.
Results
The protocol has processed over $50M in loans with zero security incidents. User base grew by 200% in six months, and the protocol now supports 15 different assets across 3 blockchains.
Technologies Used
Solidity, OpenZeppelin, Hardhat, The Graph, React, Ethers.js
"Prysmic delivered a lending protocol that exceeded our expectations in terms of security, efficiency, and user experience."