What is 0VIX Protocol?

0VIX is a Decentralized Finance liquidity market protocol built on Polygon. The 0VIX protocol enables users to effortlessly lend, borrow and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow using over-collateralization. 0VIX provides multiple borrowing and lending markets for a variety of cryptocurrency assets. By depositing assets into the platform, users earn a variable interest rate on their deposited assets in addition to 0VIX tokens. Moreover, deposited assets can be used as collateral, allowing the user to borrow other assets. Interest earned by depositing funds offsets the accumulated interest rates from borrowing. 

0VIX allows users to borrow tokens against the value of funds that they have previously supplied. The amount of value that can be borrowed against an asset is set at the protocol level. When a user takes out a loan, their account will start accruing interest per second on the borrowed assets.