HyperLend Architecture
Last updated
Last updated
HyperLend's design centers around a lending pool where users can deposit and borrow cryptocurrency. The platform employs an algorithm to set interest rates based on supply and demand, ensuring competitive rates. It also offers flash loans, allowing users to borrow funds without collateral for short-term needs. Governance is decentralized, meaning users with tokens can vote on important decisions. Security is a top priority, with all smart contracts audited by third parties to protect user funds.