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“The Ajna Protocol (AJNA) is a noncustodial, peer-to-pool, permissionless lending, borrowing, and trading system. It operates without protocol governance or external price feeds. The protocol consists of pools where lenders and borrowers participate in lending and borrowing activities. It supports fungible and non-fungible assets as collateral, allowing users to lend and borrow transparently and permissionless.
Ajna Protocol is designed to be truly decentralized without relying on token whitelists. It enables users to lend and borrow against their entire portfolio of assets permissionlessly. The protocol is built for interoperability and can work with most ERC-20 and ERC-721 tokens. The system has gone through multiple audits from industry-leading agencies, supporting the security and reliability of the protocol.
The protocol includes a built-in grants program, allowing participants to deploy funds from a protocol-owned treasury quarterly.”
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