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Shell Finance

Permissionless borrowing protocol

Details

Shell Finance is a trustless lending protocol built on the Bitcoin L1 network(BiFi = DeFi + NFTFi), which can make lending efficiency 100X compared to a peer-to-peer lending mechanism. It allows users to utilize Bitcoin inscription assets (including Ordinals, Runes, Atomicals, Stamps, etc.) as collateral to obtain loans. Loans are disbursed as synthetic Bitcoin assets, $BTCX.