PWNDAO
ValidatedDeFi
Lending
A P2P lending protocol. ANY token as collateral.
- 601 Followers601 Followers
- 478 Likes478 Likes
About PWNDAO
PWN is the most universal, oracle-free, peer-to-peer lending protocol, providing maximum asset utilization. You can invest in loans with an average interest of 11%. Or maximize liquidity using ANY token as collateral. With a unique feature, PWN Safe, you can get a loan using your blue chip while retaining ownership benefits such as airdrops, access, or in-game use. All with 0% protocol fees.
PWN is an innovative decentralized finance (DeFi) platform designed to revolutionize the lending and borrowing landscape by enabling users to leverage a wide array of digital assets as collateral. Traditional financial systems often impose rigid and exclusionary conditions, but PWN offers a more inclusive and flexible alternative that caters to the diverse needs of the digital economy. Users can secure loans using assets such as NFTs, ERC-20 tokens, and other digital assets, which are typically considered illiquid in conventional markets.
The mission of PWN is to democratize access to liquidity, enabling anyone with valuable digital assets to unlock their value without selling them. This feature is particularly significant in the rapidly growing world of digital assets, where individuals and organizations increasingly seek ways to leverage their holdings without having to part with them. The platform's peer-to-peer lending system allows borrowers and lenders to directly negotiate terms, ensuring fairer and more transparent financial interactions. Furthermore, PWN eliminates the risk of price-based liquidations, common in traditional lending platforms, by not relying on external oracles. This feature ensures borrowers do not lose their collateral due to market volatility, providing a more secure and predictable lending environment.
PWNDAO Magic Store Validation Score
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4Validation Date: -
maffinYes
0xGaspacioYes
AndreZZYes
famszYes
ovchinYes
chiemekadaveYes
PWNDAO Review Score by Real Users
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This is a good use case application which allow P2P lending using of assets or any ERC-20 token as collateral and the best part is you can even lend NFTs or coins or both in parts. it provides a good source of income on your holdings, really liked this app.Read More ››
0 people found this review funny
My journey into the realm of PWN commenced with an exploration of its revolutionary lending protocol, characterized by its oracle-free nature. This distinctive approach ensures increased security and reliability, freeing the platform from reliance on external oracles, thereby mitigating potential vulnerabilities. However, what truly distinguishes PWN from its counterparts is its unique feature, PWN Safe, which offers a novel way to obtain loans while retaining ownership benefits. This innovative concept allows users to use their blue-chip assets as collateral to secure loans without compromising ownership perks, such as airdrops, access, or in-game utility. Read More ››
0 people found this review funny
PWNDAO is a decentralized platform that enables the creation and trading of synthetic assets. With its innovative technology and user-friendly interface, PWNDAO offers a range of synthetic assets, including stocks, commodities, and cryptocurrencies, all of which are backed by collateralized debt positions. The platform also offers attractive rewards for liquidity providers, making it an excellent choice for those looking to earn passive income in the DeFi ecosystem.Read More ››
0 people found this review funny
simple to use application, easy to understand for beginners in web3.0, layout rather well done.. a. to tryRead More ››
0 people found this review funny
High-quality user interface. As I understand it, this is a P2P platform where you can place your assets on loan and receive interest on it, as well as borrow. And they also have their own personal protection system, and you can participate in various activities and get rewarded for it. On the downside, it is a centralized platform. On the plus side, there is no commission.Read More ››
0 people found this review funny
You can invest your money in loans and earn an average of 11% in interest. Or, if you want to use your crypto as collateral to access funds, you can do that too. There's this special feature called PWN Safe that lets you use your valuable assets as collateral while keeping the benefits like airdrops, access, and in-game use. And the best part is, there are no fees. It's all about making the most of your assetsRead More ››
0 people found this review funny
Their website is easy to use and navigate, easy to understand and simple, and it is complete, nice work team!Read More ››
0 people found this review funny
pwndao is a unique lending platform . user can lend any crypto and set as collateral for borrowing .Read More ››
0 people found this review funny
PWNDAO Magic Store Trust Score
- Security Validators Score
- 05.10.2023Validation Date
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PWNDAO FAQ
On PWN, you can use a wide variety of digital assets as collateral, including NFTs, ERC-20 tokens, and bundled assets. This flexibility allows you to leverage assets that might otherwise be illiquid.
PWN uses an oracle-less design that eliminates the risk of price-based liquidations. This means your collateral is not affected by market volatility, providing a more secure lending experience.
Yes, PWN allows borrowers and lenders to directly negotiate terms such as loan amount, interest rate, and duration, ensuring that both parties can agree on mutually beneficial terms.
No, PWN is a fully decentralized and permissionless platform, meaning there are no KYC requirements. This ensures privacy and accessibility for all users.
Once you repay your loan, the smart contract will automatically release your collateral back to your wallet. This process is secure and fully automated.