Moonwell

Moonwell is a DeFi platform on Moonbeam Network designed to provide the different DeFi services that come with it. Its main features include:

• Lending and borrowing: Users can lend by depositing their assets and get interest or borrow against the assets to optimize capital utilization in the DeFi ecosystem.
• Liquidity Provision and Yield Farming: Offer opportunities to users that provide liquidity to pools and reward them with competitive rewards. This cross-translation capability will tap into the natural interoperability characteristic that Polkadot has, therefore allowing a smooth transaction across any disparate blockchain network and even availing access to more diversified assets.
• Community-driven development: WELL uses a decentralized governance model. With the WELL token, governance of platform decisions lies with the holders of the token.
• Security and Transparency: Its very priority is laid on strong security measures with transparent operations for keeping safe the assets of users and maintaining their trust.