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Kommodo is a collateralized, oracle-free lending protocol leveraging AMM liquidity to ensure loan collateral remains at or above the borrowed amount, eliminating liquidations.
Kommodo is a concentrated liquidity lending protocol. By utilizing concentrated liquidity positions of AMMs the protocol can guarantee that the value of the collateral position will be higher or equal to the borrowed position for the lifetime of the loan.
This collateral value guarantee allows kommodo to be the first permissionless fully collateralized lending protocol without liquidations or oracles.
Kommodo History
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applied to the Web3 Open Source Software 1 year ago which was rejected
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