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How does the Benchmark lending work?

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Last updated 10 months ago

All users can realize their creativity and dreams here by simply entering relevant token information and clicking confirm to and projects. All applications submitted through Deploy have a chance to borrow 10 to 100 Ethereum as initial liquidity. These funds come from the capital provided by users in the introduced. When the creator deploy tokens and borrows funds from the agreement, it automatically adds liquidity to all the borrowed funds along with all the tokens. Under the AMM mechanism, the price of the tokens will never fall below the issue price. This mechanism ensures that all creators are able to add initial liquidity, as well as allowing users who provide funds to be 100% secure and to earn interest on their funds through transaction taxes generated when other users trade.

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