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ProtocolsPhiat Protocol

INCLUDE IN STATS:
Information
TVL

Phiat Protocol (PHIAT)

Total Value Locked
$5.92m
Chain Breakdown
PulseChain$5.92m
Include in TVL (optional)
$2.18m
$875,884
$0.035
Fully Diluted Valuation
$1.77m
$17,615
Staked
$875,884
$2.18m

Protocol Information

An Aave v2 fork on PulseChain with noval design of risk control and governance token staking

Category:Lending

Forked from:AAVE V2

Audits
:

Token Information

Address:0x96e035...a45db1

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.