Utility Lending Pool

Imagine you're a project team that has launched a token, and you're looking to create new utility and use cases.

The Utility Lending Pool feature is what allows projects teams to enhance the utility of their tokens by directly depositing assets like ETH or USDC into a dedicated pool. Creating lending and borrowing opportunities involving their own tokens. Here’s how it works:

1. Partner Deposits:

   • The teams behind a token, deposit a portion of their own assets into a dedicated pool to kickstart liquidity. They provide lending and borrowing opportunities for their token holders and create a new use case for their token itself.

   • This helps create liquidity and incentivizes participation from the community.

2. Added Utility and Revenue:

   • This approach gives projects a new revenue stream by allowing them to earn fees from lending and borrowing activities involving their token.

   • Integrating their token into the lending ecosystem strengthens its role and drives greater engagement within the community.

3. Communication:

   • For questions or support, the team encourages users to reach out directly on social platforms like 𝕏 or Telegram, providing a simple, direct line of communication.

In summary, Eris’s Utility Lending Pools are tailored for projects aiming to add functionality and value to their tokens. Eris makes it easy for any project to create a dynamic, utility-driven ecosystem around their token, turning passive holdings into dynamic strategies.