Qubit is a decentralized lending and borrowing platform developed by the team behind PancakeBunny.
What is Qubit?
Qubit is a decentralized money market platform that takes advantage of the speed, automation, and security of the blockchain to connect lenders and borrowers efficiently and securely.
How to Participate in Qubit Finance
Users of Qubit Finance can participate as lenders and borrowers.
Lender: As a liquidity provider, lenders can deposit assets to lend out to others. Liquidity providers will earn interest on their deposited assets.
Borrower: A borrower can deposit assets as collateral and borrow assets in return.
Why Qubit?
At Qubit, we are committed to making money markets a secure commodity for the entire BSC Ecosystem. Consequently, Qubit does not charge the withdrawal fees that have hindered the innovative applications of more sophisticated leveraged strategies on the BSC.
Qubit is also explicitly committed to furthering ecosystem security on the BSC. Qubit does this in two ways. First, Qubit does not support flash loans, which eliminates from the platform one of the greatest sources of insecurity in the entire ecosystem.
Second, Team Qubit will fully support vertically integrated code review and full-stack audits for all whitelisted projects that build on the Qubit platform. This represents a significant but necessary ecosystem investment by Qubit in order to eliminate the vulnerabilities that were injected into the BSC ecosystem by the uncoordinated migrations that interrupted and disrupted many projects this past May.
Finally, Qubit is the latest in the growing suite of connected products being developed by Mound to grow the PancakeBunny Ecosystem. As a yield aggregator, PancakeBunny will leverage all of the advantages that Qubit enables to provide best-in-chain yields for single asset liquidity.
Qubit is a decentralized lending and borrowing platform developed by the team behind PancakeBunny.
Governed by Users
Zeitgeist is governed by the holders of the ZTG using a mix of normal token voting and a new futarchy model. Zeitgeist eats its own dogfood by making governance decisions via prediction market based futarchy.
Zeitgeist is an evolving network that will change and adapt over time. It does this through a sophisticated on-chain governance process.
Zeitgeist uses prediction markets based futarchy to determine its direction and policy. Game theory says that this should be more efficient than token voting alone.
Court
The court is the native dispute resolution system.
Holders of ZTG can stake their tokens in order to join the pool of jurors. These jurors are randomly selected whenever an oracle dispute is made for a particular market.
The jurors of the court will be charged in selecting the real outcome of the market. Court decisions can be challenge, which increasingly expands the number of jurors that are selected - each time raising the stakes.
If jurors are found by a later appeal to have resolved an oracle decision incorrectly, they will be slashed.
After a number of quorums are created and asked the real outcome of a market, if there is still a dispute the case will move to a global vote by all ZTG holders to report the outcome.