What Is Centrifuge?
Centrifuge is an infrastructure protocol that enables decentralized financing of real-world assets on the blockchain. It aims to create a transparent market where borrowers and lenders can transact without intermediaries.
Background
Martin Quensel and Lucas Vogelsang founded Centrifuge in 2017.
How It Works
Centrifuge operates by securitizing, tokenizing, and integrating structured credit markets on-chain. It enables privacy, governance, and liquidity integrations, creating a more transparent and affordable financial system. The protocol allows borrowers and lenders to transact directly, reducing costs and providing a stable source of collateralized yield. The protocol supports various asset pools, including mortgages, invoices, microlending, and consumer finance. Its goal is to lower borrowing costs for businesses globally and provide DeFi users with stable collateralized yields. Centrifuge aims to build a more transparent, affordable, and limitless financial system by bringing the structured credit market on-chain.
Key Takeaways
- Centrifuge is an infrastructure protocol for the decentralized financing of real-world assets on the blockchain.
- It aims to create a transparent market for borrowers and lenders to transact without intermediaries.
- Centrifuge securitizes, tokenizes, and integrates structured credit markets on-chain.
- It enables privacy, governance, and liquidity integrations, creating a more transparent and affordable financial system.
- Centrifuge supports various asset pools and aims to lower borrowing costs globally while providing stable collateralized yield for DeFi users.
