Yeti is Arriving
Ready, set, go!
It’s been a long time in the making, but the Yeti Protocol is set to announce launch on approximately March 29th..
True innovation takes time, and that’s what’s happening with the Yeti protocol which blends the best elements from popular borrowing protocols like Abracadabra and Liquity, while introducing key features like cross-margining, lower collateral ratios, and major improvements in mechanisms.
Yeti Finance is a next-gen borrowing protocol built on Avalanche. The protocol enables users to borrow against their entire portfolio of crypto assets, while continuing to earn the rewards that their deposited assets generated.
Unlock deep liquidity, borrow at the lowest collateral ratios, and borrow against your entire portfolio to gain better protection against liquidations.
At launch: Users will be immedately be able to borrow against a large set of different collaterals.
The last few months we have worked with many different contributors and teams to improve and scale our borrowing and liquidation system via multiple smart contract audits and in-depth third party economic analyses and build a great frontend experience.
We are excited for this truly innovative borrowing protocol to come to life.
Lastly, on behalf of our community we’d like to genuinely thank all 40,000 users that have participated in our Testnet so far.
Get ready for the #YearOfYeti!
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