Carapace is a protocol to connect buyers and sellers of protection against default risk for under-collateralized DeFi loansCarapace permitting lenders on DeFi lending markets to purchase protection against default in order to hedge their default risk. Carapace will allow sellers - investors seeking yield who believe that the underlying loans are safe - to provide such default protection. Pricing of risk fluctuates with supply and demand in a system where protection sellers provide capital for risk protection in exchange for a premium. If a default event occurs, a payout is made to protection buyers

Carapace Finance

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Carapace Finance

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What is Carapace Finance?

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