PWN is chugging along on its multi-chain* journey and has just added Optimism, one of the fastest and most innovation-forward L2, to its network list.
Permissionless, token-agnostic, and oracle-free, the PWN app is spearheading a new approach to peer-to-peer borrowing and lending.
Joining the 190+ protocols already live on Optimism, PWN brings a whole new meaning to composability, opening new liquidity avenues for DeFi participants. And it comes with a flurry of perks:
0 auto liquidation risk: Being peer-to-peer allows lenders and borrowers to agree on terms from the get-go, and mitigate the risk of auto liquidation. Anyone can borrow with peace of mind and lend while enjoying a fixed, predictable APY.
All assets welcome: We’re permissionlessness maxis, which means that you can use any asset (yes, any asset) as collateral. And as lenders, you can make a loan offer on your own terms, for…(you guessed it)...any asset.
0% fees: For a limited time, PWN takes no protocol fees. Lenders receive full interest, and borrowers incur no extra debt costs.
Optimized security: Optimism benefits from Ethereum’s security while PWN brings open-source, double-audited contracts to the table. But it doesn’t stop here. Our oracle-free design protects borrowers from surprise price swings, oracle-based exploits and manipulations.
Ready to dive in?
Getting started with PWN is as easy as ABC:
Looking for liquidity?: List your asset as collateral and create a loan request. Pick your terms (loan duration, interest rate, LTV, etc.) and wait for lender approval (or counter-offers). Looking for sustainable yield?: Simply browse pending loan requests or issue a loan offer on the asset or NFT collection of your choice.
If you feel lost or unsure about anything, ping us on Discord. We’ll be happy to help on your P2P lending journey.
We’ll also be participating in Optimism's Demo Day. Join us on November 9th, 4pm UTC, in their Discord.
*PWN is also live on Ethereum, Polygon, Base, Mantle and Cronos.
PWN is a hub for peer-to-peer lending backed by digital assets. Use any token as collateral, invest in fixed-interest loans, and enjoy attractive returns, all without liquidation risk. Check out the PWN platform today.
Want to get in touch with PWN? Reach out on Twitter or join our community on Discord.