Lodestar Finance is an algorithmic borrowing and lending protocol that is aiming to bring the critical DeFi primitive of decentralized money markets to Arbitrum communities.
- Collateralize your deposit, which enables the ability to borrow crypto assets.
- Access liquidity without creating a taxable event.
- Employ leveraged trading strategies (long and short positions) by utilizing the borrowing functionalities of the protocol.
- Unlock the liquidity of yield bearing assets such as plvGLP without sacrificing the underlying yield.
As the Arbitrum ecosystem continues to develop, we will be on the lookout for more communities to partner with and create value for layer 2 native communities that lack access to critical DeFi infrastructure.