Magnify Cash

Non-custodial & permissionless decentralized credit markets

Availability

Network
Status

Testnet

❌ (coming soon)

Mainnet

❌

Other chain

✅ (Ethereum mainnet, base testnet)

What is Magnify Cash ?

Magnify Cash is a Decentralized Credit Market that supports lending in any currency, against any collateral, on your own terms.

Decentralized Credit Market (DCM) : permissionless and non-custodial protocol that allows lending and borrowing with any onchain asset.

With their unique approach, Magnify Cash has created an attractive solution for a truly free and decentralized credit market :

  • Universal Collateral Acceptance - Supports any ERC1155 and ERC721 tokens as collateral, allowing users to leverage a wide array of capital

  • Universal Lending Currency Support - Facilitates lending with any ERC20 token, offering a broad range of currency options

  • Fixed Terms Loans - Added stability ensures a reliable lending experience

  • Decentralized Lending Desks - Users create and manage their lending desks with specific loan parameters, maintaining control and flexibility

  • Non-custodial - User assets remain entirely in the users control throughout the lending and borrowing process

Where to start ?

Sources

https://magnify.gitbook.io/magnify.cash https://x.com/sauciii__/status/1818456532448633087

PreviousGhostNextMultiplier.fun

Last updated