Bastion Protocol is NEAR’s next DeFi Primitive. Bringing Lending to Aurora. It is an algorithmic, DeFi lending protocol on Aurora, NEAR’s gasless EVM layer.
Bastion differentiates with a focus on composability, tokenomics, algorithmic risk optimization, and UX. Building on NEAR enables Bastion to have ultra-low transaction fees, greater capital efficiency, fast transactions and precise liquidations.
Currently, NEAR’s DeFi ecosystem mainly consists of AMMs. Bastion is bringing the next DeFi primitive to NEAR, allowing users to finally make their assets productive through lending, or achieving leverage through borrowing.
Backers
10+
