Description:

Casten is a pioneering DeFi lending protocol that revolutionizes the borrowing process for real-world businesses. Unlike traditional lending protocols such as Compound and Aave, which require borrowers to provide collateral exceeding their borrowing amount, Casten operates as an uncollateralized protocol. Through a unique system of incentives, participants are encouraged to actively secure the protocol and its funds through activities like staking, auditing, and originating loans. This innovative approach allows businesses to access efficient and risk-priced capital, while enabling investors to earn differentiated yields across a diverse range of trade finance and loan products offered by Casten.