Benefits of Free Loan

The borrower has no interest and no maturity on the loan, and can borrow more than the collateral. In addition, the borrower takes the remaining settlement amount after deducting fees when repaying. The lender provides liquidity to the liquidity pool, and in return earns fees. Also, The lender earns more interest income than the interest earned through yield farming or loans using only his own funds.

For Borrower

1. No interest ; The borrower does not have psychological and financial stress on the interest payment of the loan.

2. No maturity

3. Leverage available ; Borrowers can borrow multiple times their collateral by creating leverage.

4. wevest LP tokens

For Lender

Figure 6 : Lender's benefits

1. More Interest income from yield farming ; Since the lender's liquidity and the borrower's collateral go into yield farming together, the lender can earn more interest income than the interest income earned through yield farming or loans using only his own funds.

2. Liquidity provision fees

3. wevest LP token as incentives of liquidity provision