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Ebisu

Ebisu  

3 Watchlists

DeFi

Status

General Info

Funds and Backers

Description

Ebisu is a decentralized finance protocol that allows users to borrow ebUSD, a stablecoin backed by liquid restaking tokens that generate yield.

What is Ebisu?

Ebisu is a decentralized finance protocol that allows users to borrow ebUSD, a stablecoin backed by liquid restaking tokens (LRTs) that generate yield. Loans are over-collateralized, and users can set their own interest rates. The system includes risk assessment of the collateral and provides a way to obtain USD-pegged liquidity using restaked assets.