Why Spine?
Simply put: Spine = Efficiency.
Last updated
Simply put: Spine = Efficiency.
Last updated
Our team at Spine Finance aims to minimize risks and maximize returns for all participants, including lenders, borrowers, and liquidity providers. This is achievable due to the following factors:
Spine provides fixed interest rates for both lending and borrowing sides.
Flexible multi-maturity durations from 1 week up to 2+ years.
Spine enables cross-maturity swap at extremely low costs
Spine is efficient for LP providers and yield-traders
Spine's long, arbitrary maturity durations (almost unheard-of and previously almost impossible in DeFi).
Spine's core technology is recognized at IEEE ICBC 2024.
Spine offers a unique and advanced feature called cross-maturity swap, designed to provide unparalleled flexibility for investors. Within a single liquidity pool, Spine integrates a stable token, such as USDC, along with a diversified range of bonds that have varying maturity dates. This structure allows users to hold bonds with specific maturities and, if desired, seamlessly switch to bonds with different maturities through the cross-maturity swap mechanism.
This feature enables users to adjust their portfolios in response to market fluctuations, optimizing their investment strategies without the need to exit the pool. Therefore, users do not need to pay the early -exit penalty. Equally important, users can control over their investments, allowing them to make investing decision based on individual's need.
Spine Finance core technology is recognized at IEEE ICBC 2024 (top peer-reviewed conference in Blockchain). We proposed an AMM protocol to enable fixed-rate DeFi product that is cheaper for traders, more capital efficient for LPs, with stable equity. Interestingly, this AMM can support multiple maturity durations, cross-maturity swaps, and arbitrarily long durations, all using a single AMM pool. To explore more details about our technology, please direct to White Paper.
With Spine, users will have the ability to choose long arbitrary duration for their investments. Spine Finance is designed to support both long arbitrary duration and short duration, giving users the flexibility to choose the maturity duration that best suits their financial goals. The interest rate in both long duration and short duration remain the same, the only difference between these two durations is the amount of assets that is collateralized to Spine's lending pool. For example, if you want to mint sBOND using USDC, short-term investments might require more USDC as collateral compared to long-term investments to achieve the same interest rate. Spine's innovative AMM protocol can accommodate your needs, all within a single, efficient liquidity pool.
