Logo of ELMAELMA(ELITE)
Total Value Locked$25.95

TVL by Chain

Fantom$25.95

Protocol Information

Elite Lending Market Aggregator, aka ELMA, leverages Bribe Markets to Boost Lending Yields by Splitting a Re-Deposited Asset into a user-stakeable PT & a YT thats bribed

CategoryLending
WebsiteTwitter

Methodology

TVL: Principal Tokens (PT) are always 1:1 mintable & redeemable with Underlying Tokens (UT). TVL is Total Market Cap of all PT, where 1 PT = 1 UT.View code on GitHub

Competitors

Aave V3 ($12.132b)Scream ($1.29m)Impermax V2 ($565,132)Tarot ($525,329)88mph ($340,962)Hundred Finance ($210,662)Iron Bank ($185,780)Granary Finance ($153,345)Fuji V1 ($144,504)Geist Finance ($116,983)