Introducing Tashi: As part of the thriving Evmos ecosystem, Tashi operates on an EVM-compatible blockchain within the broader Cosmos network, ensuring a seamless and interoperable DeFi environment.
Tashi offers a transparent, secure, and user-friendly platform for decentralized lending and borrowing across multiple blockchains. By leveraging the power of Evmos and its EVM compatibility, Tashi provides a robust foundation for its innovative financial services.
Decentralized lending and borrowing on Tashi present a groundbreaking way to access funds without relying on traditional financial institutions. Users can easily supply their crypto assets as collateral and receive loans based on the underlying value of these assets. This approach unlocks the potential of their holdings without requiring them to sell their assets, opening up new opportunities for growth and financial flexibility. Moreover, participants have the added advantage of earning rewards on their holdings, further incentivizing active involvement in the platform.
Setting itself apart from conventional lending platforms, Tashi follows an over-collateralized model. This means that users are required to provide more collateral than the value of their loans, reducing default risks and ensuring the overall stability of the platform. The platform's "Loan Health" score determines loan payback, taking into account crucial factors such as collateral value, loan-to-value ratio, and interest rates. This unique approach offers users a flexible repayment schedule that prioritizes stability and security, empowering them to manage their loans with confidence.
Supported by Rome Blockchain Labs, the same team behind the successful BenQi protocol on Avalanche, Tashi brings a proven track record of innovation and security to the DeFi space. The expertise and experience of this team provide users with the reassurance that their assets and transactions are in safe hands.