☀️Introduction
Let your liquidity awaken its true potential.
SummerTime Finance is a protocol that empowers liquidity providers (LPs) of automated market makers (AMMs) with a suite of services. LPs benefit from non-custodial automated active capital efficiency, borrow a decentralized stablecoin using their yield-bearing liquidity as collateral, provide impermanent loss mitigation, and enjoy yield optimization.
SummerTime Finance enables you, a liquidity provider who helps to create liquidity in Automated Market Makers (AMMs) such as Uniswap, PancakeSwap, QuickSwap, and others alike to keep the upsides of your yield-bearing liquidity, supercharge it by enabling you to borrow additional capital by using your liquidity as collateral. There’s no need to exit your liquidity pool positions and sell the collateral to meet your seasonal needs when you can have both simultaneously.
With SummerTime, borrowers can borrow up to 90% of their collateral using the yield-generating assets they have deposited. The lending process is always over-collateralized. This is done to ensure that the stablecoin always remains stable and the system stays safe. Liquidity providers can access additional funds while earning interest on their deposited assets.
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