Introduction

Bluefin is now one step closer to becoming the All-In-One DeFi powerhouse on Sui by introducing a Lending and Borrowing feature, in collaboration with AlphaFi!

By going to https://trade.bluefin.io/lend users can access a decentralized platform to earn interest on their supplied digital assets, and access liquidity through secure, collateral-backed borrowing. Built to prioritize efficiency, composability, and trustless interaction, the protocol offers a streamlined DeFi experience for both developers and users.

The protocol is characterized by the following components:

• Lending and Borrowing Tokens: Users can earn passive income by supplying supported assets or access liquidity by borrowing against their holdings.

• Overcollateralized Loans: All loans require collateral that exceeds the borrowed amount, ensuring platform stability even during market turbulence.

• Adaptive Interest Rates: Yields are dynamically adjusted based on asset demand and supply, creating a balanced and responsive financial environment.

• Automated Liquidation: To protect the overall health of the system, positions with insufficient collateral are automatically liquidated.