B-PROTOCOL – 78%
Review Date: March 28, 2022
B-Protocol makes lending platforms more stable by incentivizing liquidity providers to commit to liquidation and shift the miners’ proceeds back to the users.
A big part of the lending protocol value is taken by the underlying blockchain miners due to gas wars between liquidators who “fight” for undertaking borrowers’ under-collateralized loans.
B-Protocol Shifts the decision from miners to a smart contract eliminating the liquidators’ gas war costs and giving them much more certainty. This in turn allows the liquidators to share some of their profits with the users, and make the lending platforms more secure, as the liquidators are now more committed.
