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Getting started to Aeroscraper
This page will tell you about the main scope of Aeroscraper.
Aeroscraper is a decentralized lending-borrowing protocol that offers an interest-free, over-collateralized stable coin and DeFi loans, built specifically to be user-centric.
Aeroscraper is a fully automated and governance-free decentralized protocol designed to allow unauthorized lending and borrowing for users.
Aeroscraper allows users to deposit collateral and get loans in stablecoins pegged to US dollars. Aeroscraper has a 0% interest rate that charges users a one-time fee, instead of charging a variable interest rate for taking out loans.
Aeroscraper offers the best borrowing terms on the market and its main benefits are:
- 0% interest rate
- Only a 115% coverage rate
- No management is required - all operations are algorithmic and fully automated
- Direct redeemable – stablecoin can be redeemed at face value for underlying collateral anytime and anywhere
- Censorship resistant - protocol not controlled by anyone