What is Aloe Protocol? Aloe Protocol is a protocol that allows liquidity providers on Uniswap V3 to use leverage to raise capital. Thanks to that, they earn higher profits. Additionally to fund liquidity providers, the protocol needs funding from lenders, who deposit assets into the lending platform to earn passive profits.
So what is Aleo Protocol? How does it work? Let’s find out in this article!
To understand more about Aloe Protocol, you can read the following articles:
- Uniswap Ecosystem: When Providing Liquidity Becomes a Protocol Strategy
- Series 3: Real Builder in Winter | Uniswap – The True Unicorn Cryptocurrency Ever Produced
- Operating mechanism: Uniswap – From challenger to unique position
- What is Gearbox Protocol (GEAR)? Gearbox Protocol Cryptocurrency Overview
What is Aloe Protocol?
Aloe Protocol Overview
Aloe Protocol is a protocol that allows liquidity providers on Uniswap V3 to use leverage to raise capital. Thanks to that, they earn higher profits. Additionally to fund liquidity providers, the protocol needs funding from lenders, who deposit assets into the lending platform to earn passive profits.
With the lending market on Aloe, most assets traded on Uniswap V3 are liquid on Aloe. The lending market will separate separate pools for each different type of asset. This helps isolate risk between assets on the protocol. And Oracle is also the updated price from Uniswap V3.
Mechanism of action
2 main components participate in the protocol:
- Passive investors: Deposit assets to the platform to earn passive profits and those assets will be used to lend to liquidity providers.
- Liquidity Provider: Provide liquidity on Uniswap V3 through Aloe and can use x20x leverage from the protocol to increase capital and profits when Farming.
Development Roadmap
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Core Team
Hayden Shively: Founder
- In 2022, Hayden graduated with a Bachelor’s degree in Aerospace Engineering from the University of Southern California.
- In 2021, Hayden was an intern at Google, helping create internal tools to speed up development for PubTags tagging.
- In 2021, Hayden founded and participated in developing the Aloe Protocol project.
Investors
Updating…
Tokenomics
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Exchanges
Updating…
Aloe Protocol Information Channel
- Website: https://aloe.capital/
- Twitter: https://twitter.com/aloecapital
- Discord: https://discord.gg/gpt4sUv6sw
- Medium:
Summary
Aloe Protocol helps liquidity providers increase capital and profits as well as optimize when Farming on Uniswap V3. Additionally, the protocol also helps lenders earn passive profits through providing assets to the protocol.
So I have clarified what Aloe Protocol is? Overview of Aloe Protocol cryptocurrency. Hope this article provides you with a lot of useful knowledge!