Overview

Alloc8 is a leverage protocol that enables users to obtain leverage in a DeFi-native manner and utilize it across various DeFi platforms. With alloc8, you can take leverage and then apply it to the protocols you already use and enjoy the returns from these protocols. You can engage in leveraged trading or leverage farming on existing protocols. You could hold the leveraged amount in different protocols or defi at the same time and reap the rewards. For instance you could borrow at 10x leverage and devide the funds between morpho vaults, Renzo, and ether fi and get the apy, airdrops and eigen drops at the same time. As you would have leveraged the funds to do all this you could even 5-8x your returns based on how you employ the debt.

The protocol has a two sided setup: One is for the passive apy farmers who can earn on the liquidity they provide using our AllocPool, the other side is for the farmers and active traders who want to use leveraged liquidity to interact with other protocols.

Key Features

• Lending: Earn passive APY by providing either of the assets available on the lending page. And earn passive income on your assets, The interest on these assets is accumulated from the borrow apy from the borrowers of this liquidity.

• Borrowing: Access up to 6x leverage on your assets from the borrowing page. First, you would need to create your Safe(credit account) and then you would be able to take leverage on the collateral you put in this account.

• Farming Vaults: Borrowers can deposit funds to these vaults to access yield or points from these external protocols. Alloc8 maximizes the rewards from these protocols like Renzo, EtherFi, morpho and makes sure the funds get safely moved to the users Safe(Credit Account)