Other attributes
Aries Protocol is an advanced lending and leveraged yield farming platform on Aurora EVM, allowing users to participate as lenders or borrowers in isolated lending pools.
Enabled by a suite of powerful tools and easy-to-use strategies, Aries amplifies the liquidity layer on a growing Aurora DeFi ecosystem by integrating with existing decentralized exchanges, improving capital efficiency by connecting LP borrowers and lenders.
With Aries, lenders can supply tokens to any lending pool powered by the Aries Protocol to earn passive yield without impermanent loss.
At the same time, borrowers can deposit LP tokens in a lending pool to borrow additional tokens in the token pair. This practically enables borrowers to leverage their LP tokens for even more LP tokens, allowing for leveraged yield farming and enhanced LP rewards.
