Git contracts https://github.com/StasPodyachev/DeFi_Seed
App https://d4x-lfgho-hackathon.vercel.app/
Project Page https://ethglobal.com/showcase/defi-seed-g8ke6
“D4X meets BLP”
A fully new type of leverage pools BLP for the spot margin trading protocol d4x.io utilizes overcollateralized borrowing from AAVE and GHO - Borrowed Leverage Pool (BLP)
We have introduced a new type of leverage pools for the spot margin trading protocol d4x.io called Borrowed Leverage Pool (BLP).
BLP offers lenders the opportunity to keep their funds in their preferred currency while simultaneously participating in the earnings from various other Auto Leverage Pools (ALP) at d4x.io.
The concept of BLP and its development are entirely the products of the creative brainstorming sessions at the LFGHO Hackathon!
For instance, a lender could deposit ETH (or even stETH) into the BLP to earn APY from all the ALPs of d4x.io, which typically only permit investments in a specific currency (for example, APL in GHO).
In the scenario where BLP provides leverage in GHO, the BLP sends ETH to AAVE as a collateral supply, borrows GHO, and then forwards the borrowed GHO to D4X to earn interest from traders.