Ask about GARDTotal Value Locked$13,834.23
TVL by Chain
Algorand$13,834.23
Key Metrics
Staked$0
Protocol Information
The GARD Protocol offers decentralized money and fixed-yield products for Algorand users. Users can leverage their assets held in collateralized debt positions to draw a stable line of credit in GARD, our stablecoin. To borrow GARD, users must supply collateral in excess of what is borrowed in the form of whitelisted assets such as ALGOs or ALGO derivatives. Once a user holds GARD they may earn interest by staking it, adding to specific liquidity pools, liquidating risky users, selling LP tokens to the protocol, or using GARD to buy other assets to increase leverage. If a user happens to borrow against any ALGOs they hold they’ll also be able to use their collateral to participate in Algorand’s governance system and still earn Algorand governance rewards.
Category:CDP
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Frequently Asked Questions
What is GARD?
The GARD Protocol offers decentralized money and fixed-yield products for Algorand users. Users can leverage their assets held in collateralized debt positions to draw a stable line of credit in GARD, our stablecoin. To borrow GARD, users must supply collateral in excess of what is borrowed in the form of whitelisted assets such as ALGOs or ALGO derivatives. Once a user holds GARD they may earn interest by staking it, adding to specific liquidity pools, liquidating risky users, selling LP tokens to the protocol, or using GARD to buy other assets to increase leverage. If a user happens to borrow against any ALGOs they hold they’ll also be able to use their collateral to participate in Algorand’s governance system and still earn Algorand governance rewards.
What is GARD's TVL?
GARD currently has $13,834.23 in total value locked. TVL has decreased 7.9% over the past 30 days.
What chains does GARD operate on?
GARD operates on Algorand. Algorand holds the largest share at 100%.
How does GARD's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, GARD ranks #113 by TVL. The category holds $8.02b across 190 protocols, and GARD accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.