Iron Bank
To enable our users to take leverage on many assets without having to bootstrap liquidity for all of them ourselves, we are partnering and integrating deeply with Iron Bank or Cream V2 as a source of liquidity. This enables Alpha Homora V2 to quickly grow and scale.
Alpha Homora V2 and Iron Bank contracts are integrated and interoperated at a deep level that has never been done before in DeFi. This is the first time that a contract (Alpha Homora V2) can borrow from a lending protocol (Iron Bank) in an under-collateralized way. Alpha Homora V2 will borrow liquidity from Iron Bank and offer as leverage for our users. Thus, Cream users will also benefit from higher lending interest rates. On the other hand, the lending assets are also lent on Iron Bank.
Last modified 9mo ago
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