Bonded dAMM (BDAMM)

Bonded dAMM (BDAMM) is a coin that operates within the dAMM Finance ecosystem. dAMM Finance is a lending and borrowing protocol that facilitates institutional lending for any token. By pooling assets, dAMM enables direct lending to top-tier institutional borrowers. The platform employs an algorithmic system that determines interest rates based on supply and demand, offering under-collateralized loans to borrowers and high yields to liquidity providers.

Lending through dAMM is a straightforward process. Users can find their desired pool and easily make deposits. The platform prioritizes simplicity and accessibility, allowing borrowers to access high-quality institutional capital markets. Stringent vetting procedures are in place to ensure that institutional borrowers are thoroughly evaluated, with KYC/AML documentation and audited financial statements used to establish liquidity and security for lenders.

dAMM Finance aims to address the issue of dormant token capital by providing a feeless institutional lending experience. Unlike traditional lending platforms that impose exorbitant fees, dAMM operates on a model that eliminates deposit, withdrawal, and AUM expenses. Instead, token issuers earn APY to deposit into the available pools. dAMM prioritizes risk management and user security, offering a turnkey onboarding process for issuers, a rigorous process for borrowers, and a hassle-free experience for depositors.