Navigate to Home PageNavigate to Home Page
⌘K

ProtocolsPalmy Finance

INCLUDE IN TVL:

Palmy Finance

Total Value Locked
$529,125
  .csv
Chain Breakdown
Oasys$529,125
Include in TVL (optional)
$24,880
$24,880

Protocol Information

Palmy Finance is the first lending protocol backed by Oasys Network.

Category:Lending

Forked from:AAVE V2

Audits
:

Development Activity

(updated at 18/11/24)

Weekly commits: 3
Monthly commits: 3
Weekly developers: 1
Monthly developers: 1

Last commit: 5 days ago (2024-11-18)

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.