The PWN app is now live on the Base blockchain, bringing a new era of accessibility and efficiency to the world of digital lending. This makes PWN accessible to more users with 5 deployed blockchains including Ethereum mainnet, Polygon, Goerli testnet, Cronos, and now Base. Base is a secure, low-cost (10x cheaper than Ethereum), builder-friendly Ethereum L2 built to bring the next billion users onchain.
PWN is joining the Base ecosystem as one of the few DeFi lending platforms.
Why PWN deployed on Base?
As PWN is moving towards a universal lending protocol, expanding to other blockchains is a logical step to bring more DeFi possibilities to the cryptonatives across the whole ecosystem.
If you're looking to harness the power of your digital assets, PWN enables you to leverage your holdings or invest in loans and make attractive returns.
You can find more information about PWN in our docs: https://docs.pwn.xyz/.
The Benefits of PWN on Base
The deployment of PWN onto the Base blockchain brings exciting benefits to both DeFi lending and its users.
Seamless User Experience: With recent changes and updates of the collections pages, PWN's users can expect a smooth, intuitive interface that simplifies lending and borrowing flow.
Cost-Efficiency: Base's negligible transaction fees mean maximum revenue for users without the worry of costs eating into their profits. Plus, PWN currently takes 0% protocol fees!
Enhanced Security: security is the key to anything put on-chain, so of course we have two independent public audits from Entropy and Nethermind. The protocol is open sourced, well documented, and we encourage anyone interested to dive right into the repository (https://github.com/pwnfinance/pwn_contracts).
Decentralization and Trustlessness: The Base.org blockchain embraces the core principles of decentralization and trustlessness. Enabling users to transact without intermediaries while maintaining control over their assets at all times, meeting the ethos of DeFi.
Interoperability: Base.org's architecture is designed to facilitate interoperability between various DeFi applications and protocols. Thus, PWN users could potentially benefit from seamless integration with other DeFi platforms to expand their financial options.
What are we cooking next? Do you have a suggestion for the next deployment? Join our Discord and let us know!
PWN is a hub for peer-to-peer lending backed by digital assets. Use your NFTs or any token as collateral and invest in fixed-interest loans and generate attractive returns. PWN makes this possible with no liquidation risks. Check out the PWN platform today.