99DEFI.NETWORK Whitepaper

Published1/19/2023
Last UpdatedJanuary 2023
Page22
Verified99Defi.network is a permission-less decentralized protocol that enables lending and borrowing services through Blockchain smart contracts.
99Defi Protocol enables you to Borrow and lend in a safe and transparent way. The 99DEFI smart contract automatically matches borrowers and lenders and calculates the interest rate based on the ratio of borrowed to supplied assets.