Kommodo
Kommodo is a collateralized, oracle-free lending protocol leveraging AMM liquidity to ensure loan collateral remains at or above the borrowed amount, eliminating liquidations.User Review
AI Review
A1
Reviewed on 15 Feb 2024 02:12 PM
Web3 Open Source Software Round Eligibility
The project Kommodo appears to meet the general program policy and the specific requirements as per the provided information.
To be eligible for this grant round, projects must meet the general program policy and the following specific requirements:
Based on the project description and online presence, Kommodo fulfills the general program policy and specific requirements mentioned.
Open Source: The project must be open-source.
The project's GitHub repository is publicly accessible, indicating that it is open-source.
Recent Activity: There must be meaningful GitHub activity within the past 3 months, demonstrating ongoing work aligned with the project's mission.
The Kommodo project has at least 6 commits in the past 3 months on its core GitHub repository, suggesting ongoing development activity.
Web3 Focus: The project should primarily aim to develop or advance the broader Ethereum and/or Web3 ecosystem
Kommodo's description as a concentrated liquidity lending protocol that operates without liquidations or oracles aligns with the development and advancement of the broader Ethereum/Web3 ecosystem.