MachFi
  • Introduction
  • SONIC REWARDS PROGRAM
    • Program Overview
    • Sonic Boom
    • Sonic Gems
    • Sonic Points
  • Contracts
    • Audit
      • Bug Bounty
    • Addresses
    • Asset Risk Parameters
  • Protocol
    • Overview
    • Mechanics
      • Depositing Assets
      • Borrowing Assets
      • Utilization rate
      • Interest Rate
      • Risk Management
      • Liquidation
      • Reserves
      • Reserve Factor
      • MachBoost
      • Oracles
  • Resources
    • Official Pages
    • Brand Kit
  • MachFi Guide
    • How to Deposit on MachFi
    • How to Borrow on MachFi
    • How to Manage Risk on MachFi
    • How to Leverage on MachFi
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Introduction

MachFi: Pioneering Decentralized Finance on Sonic Chain

MachFi is poised to revolutionize decentralized finance (DeFi) on the Sonic Chain, offering a seamless, permissionless lending and borrowing platform. By consolidating critical DeFi services into a single, user-friendly application, MachFi aims to catalyze the growth and adoption of decentralized finance on the Sonic Chain ecosystem.

Any user who owns a non-custodial wallet that can connect to a decentralized application (DApp) can use MachFi without any restrictions provided that there is sufficient network gas.

MachFi aims to simplify the user experience and provide core capabilities that enabled decentralized finance to flourish in a single application especially in the area of lending and borrowing.

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Last updated 6 months ago