🦫Borrow and Lending Protocol

XOXNO Lending and Borrowing is a decentralized system of smart contracts that enables the transfer of digital assets on MultiversX (formerly Elrond) . As a liquidity protocol based on a supply-and-borrow model, XOXNO lets users supply their assets to liquidity pools. In return, others can borrow from these pools by providing their own collateral.

The protocol's non-custodial design ensures users retain full control over their assets at all times. This means users interact with the protocol through self-custodial wallets, where they can supply or borrow funds directly without relying on intermediaries. All transactions are managed by open, automated smart contracts, which operate transparently and securely. These contracts enforce rules like collateral requirements and adjust based on market conditions, creating a trustless and seamless experience for users.