Acueos runs on the EOS blockchain. The protocol establishes money markets with algorithmically set interest rates for lending and borrowing.
Contents:
Description of the blockchain project Acueos/strong>
Acueos — a decentralized money market protocol, based on Compound Finance, with algorithmically set interest rates driven by supply and demand.
The ability to store new assets gives new superpowers to consumers, traders and dApp developers:
- without waiting for the order to be completed, users and dApps can borrow tokens;
- traders can fund new ICO investments by borrowing EOS;
- traders can borrow a token, send it to the exchange and sell it.
You can enter assets into the protocol and receive interest without waiting, and use your existing portfolio as collateral to borrow other assets for different purposes.
Description of project sections:
| Offer | Puts the asset into the money market, which begins to accrue interest, based on the asset's current bid rate. |
| Withdraw funds | Transfers an asset from the money market to the user. The withdrawn amount must be less than the user's account liquidity and the available liquidity in the market. |
| Loan | The borrow function transfers the asset from the money market to the user, who begins to accrue interest, based on the current borrowing rate for the asset. The borrowed amount must be less than the user's credit capacity. |
To start click the "START USING ACUEOS” button. After installing Scatter, click the "Login" button in the upper right corner. As a result, Scatter will offer you the "cptbalances" action. Click the "Allow" Scatter button, which will allow the smart contract to calculate the current balances. Select one of the asset rows and wager EOS by clicking the green MAX button or by entering the amount to deposit. As a result, you can check the status of the application by selecting the most recent transaction.
Additional information about dapp
If you have any questions, want to share ideas or leave feedback on Acueos, you can do so on Telegram. There is no White Paper and RoadMap on the site. The smart contract doesn’t have an audit.