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TopShelf is a decentralized borrowing protocol that allows users to draw interest-free loans against collateral
TopShelf is a decentralized borrowing protocol that allows users to draw interest-free loans against collateral. Loans are paid out in synthetic tokens (e.g. USDL, BNBL, FTML) and need to maintain a minimum collateral ratio of 110%. The loans are secured by the collateral, a Stability Pool, and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms in our documentation. TopShelf Finance is non-custodial, immutable, and governance-free.
The protocol provides the following services:
Topshelf Finance's current price is $ 0.000242, it has dropped -3.95% over the past 24 hours.
Topshelf Finance's All Time High (ATH) of $ 0.0161 was reached on 20 Jan 2022, and is currently -98.5% down.
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