B.Protocol is a backstop liquidity protocol for decentralized lending platforms. A new DeFi lego primitive, bringing traditional finance systems best practices into DeFi, aiming to stabilize the ~$10b market of DeFi assets which are crucially dependent on adequate liquidation processes.
We incentivize liquidity providers (Keepers) to share their proceeds with the platform users in return for a priority in the liquidation process. By that, we bring more committed liquidators to the platform and help to shift back miners extracted profits (aka MEV) to the community.
B.Protocol was founded by Yaron Velner, who was previously Kyber Network’s CTO and a co-designer of the WBTC protocol.