Logo of ELMAELMA(ELITE)
Total Value Locked$23.26

TVL by Chain

Fantom$23.26

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

Category:Lending

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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 ($13.103b)Scream ($1.29m)Impermax V2 ($578,595)Tarot ($521,227)88mph ($340,389)Iron Bank ($188,436)Granary Finance ($154,160)Fuji V1 ($152,107)Geist Finance ($116,983)Hundred Finance ($88,021)