Mode
Mode is a configuration within DeFi protocols used to optimize lending and borrowing conditions by adjusting collateral ratios, interest rates, and liquidity to suit specific asset groups or user needs. This feature allows protocols to provide users with more flexible borrowing terms and tailor conditions to match the risk profiles of various assets, creating a customized lending environment for different scenarios. The main advantages of Mode include more efficient asset utilization and enhanced stability for similar asset transactions. It is especially beneficial in use liquidity provision, where maximizing asset efficiency is a priority.
Last updated