Vires Finance is a decentralized non-custodial liquidity protocol based on Waves blockchain, where users, wallets, and dapps can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to take a loan in an overcollateralized manner.

Vires Finance utilizes common pool-based mechanics where all the funds deposited participate in interest-bearing activities equally. The greater the demand for borrowing an asset is, the greater APY lenders get in return.