DescriptionEthos Reserve is a decentralized lending protocol that allows users to take out interest-free loans against collateral such as BTC and ETH.

Category:crypto-backed

Minting and RedemptionLoans drawn from Ethos Reserve require users to maintain a minimum amount of collateral in the system to cover their debt. These collateral ratios are as low as 108% for ETH, 120% for BTC, and may be lowered over time depending on usage