Moonwell is an open lending and borrowing protocol built on Base, Moonbeam, and Moonriver.
Moonwell enables you to leverage what's yours by simplifying the lending and borrowing process.
The protocol's intuitive design ensures a seamless user experience, enabling users to easily navigate through various features and perform operations effortlessly.
Moonwell functions as a non-custodial lending and borrowing protocol. In other words, the protocol does not hold or manage users' digital assets while they engage in lending and borrowing activities. Users maintain full control and ownership of their digital assets throughout the process.
- 2.User Experience
Moonwell provides a user-friendly interface that simplifies the lending and borrowing experience. The protocol is designed to be intuitive and easy to navigate, allowing both novice and experienced users to lend and borrow digital assets effortlessly.
Security is at the core of the Moonwell design philosophy. The protocol employs robust security measures to safeguard users' assets and data from potential threats. By prioritizing security, Moonwell aims to build trust among its user base and foster a secure lending and borrowing environment.
All operations on Moonwell are visible onchain, providing a level of transparency that is often lacking in traditional, centralized financial systems.
- 5.Onchain Governance
Moonwell has implemented onchain governance for all protocol changes. This ensures that the protocol remains aligned with the community's interests while eliminating single points of failure. As a result, Moonwell becomes more resilient and resistant to disruptions.