Rhea Finance
  • Introduction
  • RHEA Finance White Paper
  • Genesis
  • Tokenomics
  • Governance
  • Community
  • Team
  • Getting Started
    • Setup Wallet
    • Using the Rainbow Bridge
    • Using the Platform
    • Buy REF Token
    • Staying Safe
  • RHEA Finance
    • Overview
      • Auto Router
      • Multi-chain Router
      • Pooling
      • Staking
      • RHEA V2 & DCL Pools
      • Aggregator Bridge
    • Guides
      • Lending & Borrowing
        • Audits & Risks
        • Supplying
        • Borrowing
        • APY
        • Health Factor
        • LP as Collateral
        • How Lending & Borrowing works
          • Health Factor
          • Interest Rate Model
          • Liquidations
          • Oracle
        • Step by Step Guide
      • Trade
        • Swap
        • Limit Orders
      • Liquidity Management
        • Classic Pools
        • Stable & Rated Pools
        • RHEA v2 Pools
      • Farming
      • Staking
      • Aggregator Bridge
      • RHEA Point System
  • SECURITY
    • Contracts
    • Guardians
    • Oracles
    • Audits
    • Bug Bounty
  • DEVELOPERS
    • CLI Trading
    • CLI Farming
    • RHEA SDK
  • SUPPORT
    • FAQ
    • Help
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  1. RHEA Finance
  2. Guides

Lending & Borrowing

PreviousGuidesNextAudits & Risks

Last updated 29 days ago

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The lending & borrowing platform is a decentralized, non-custodial, pool-based interest rates platform that enables users to supply assets to earn interest, and to borrow against them to unlock liquidity, similar in nature to Aave, Compound, and other pool-based protocols.

The platform runs natively on the NEAR blockchain, a layer 1, proof-of-stake, sharded blockchain with a WebAssembly runtime. The protocol's smart contracts are written in Rust.

The protocol aims to unlock liquidity for interest-bearing assets, particularly layer 1 staking derivatives such as stNEAR and stETH. For instance, users will be able to deposit stNEAR as collateral, then borrow more NEAR to create a leveraged staking position, or borrow a stablecoin to create a self-repaying position.

Access the app at:

https://lending.rhea.finance/