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Protocolsw3bank

INCLUDE IN STATS:
Information
TVL

w3bank (W3K)

Total Value Locked
$250,457
Chain Breakdown
Pego$250,457
Include in TVL (optional)
$221,651
$221,651

Protocol Information

W3BANK is a decentralized lending protocol built on the PEGO Network where users can deposit, withdraw, borrow, and repay loan.

Category:Lending

Forked from:Compound V2

Audits
:

Token Information

Address:0xCe721D...53AAb9

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.