Augmented Finance is an autonomous, non-custodial liquidity protocol for earning the highest interest on deposits while facilitating the borrowing of digital assets at the lowest rates to unlock the world of open financial applications.
The current generation of DeFi protocols (such as Aave, Compound) has brought programmability and automation. Augmented Finance focuses on intelligence as a core capability. Augmented Finance will be able to learn and evolve its behavior based on market activity.
The current generation of lending protocols such as Aave and Compound are, for the most part, based on collateralization models and still ignore many other factors that can enable robust borrower-lender dynamics. Augmented Finance will factor not only collateralization levels but also liquidation history, interactions with other lending protocols, and transactional patterns to develop an intelligent and quantitative profile of borrowers and lenders. Think about this trend as an intelligent credit rating system for DeFi protocols.
Augmented Finance brings together DeFi and AI to bring decentralized finance to a new level, powering the development of intelligent and trust-less financial services.
We are emulating the approach of Tesla in its early days. To start quickly, we are following Elon Musk's example and taking the best from what already exitsts. We have reengineered the protocols of AAVE and Compound as the basis for Augmented Finance Protocol, just as Lotus cars were initially modified by the Tesla team in the early days of Tesla.
COMMITTED TO BUILDING A SUSTAINABLE FINANCIAL SYSTEM
We are commited to improving the protocol on an ongoing basis. The principles in our decision-making are derived from our commitment to creating a sustainable decentralized financial system.
IN CODE WE TRUST
We're believers in the power of code over everything else. We believe that the future of Augmented Finance should not be shaped by a limited group of creators and want to completely eliminate any human factors, building on the philosophy of Bitcoin’s anonymous creator. Our team will stay anonymous as long as it doesn't hurt the successful growth of the protocol ecosystem.