DepAu
DepAu, short for Dependency Auction, is a decentralized finance (DeFi) protocol designed to facilitate the trading of over-collateralized loans. It operates on the Ethereum blockchain, leveraging smart contracts to automate the process of lending and borrowing assets. DepAu aims to provide a more efficient and transparent alternative to traditional lending platforms by using an auction mechanism to determine the interest rates for loans.
In DepAu, users can deposit assets into a liquidity pool to become lenders. Borrowers can then request
One of the key features of DepAu is its use of over-collateralization. Borrowers must provide collateral that
DepAu also incorporates a reputation system that tracks the behavior of users. Lenders and borrowers with a
The protocol is designed to be scalable and secure, leveraging Ethereum's smart contract capabilities. DepAu aims