TLDR Crypto · INNOVATION & LAUNCHES
ASTARIA INTENTS: THE FIRST INTENT-BASED LENDING PLATFORM
Summary from the TLDR Crypto newsletter
Astaria has launched a first-of-its-kind intent-based lending platform. Its unique features include a 24-hour gas-free rate auction for each new intent. The system fosters competition among lenders to meet borrowers' intents. Astaria also promises no-fees capital efficiency, no listing process for new assets, and an oracle-free lending process. Incentives are in place for both lenders and borrowers involving $USDC and $WETH.