Overview

Orchai Money Market is an Anchor-inspired lending protocol that enables depositing and borrowing of stablecoins. Lenders have the ability to deposit their stablecoins to earn interest, while borrowers can borrow in an over-collateralized manner.

Orchai Money Market is permissionless to use and allows DeFi users to:

• Instantly borrow from a money market using their sAssets as collateral

• Instantly supply and withdraw stablecoin from the money market to earn lending yield

• Buy sAssets with a discount by participating in the liquidation

• Have a live and transparent view of interest rates around the clock based on the asset's market supply and demand

Orchai’s main objectives are security, capital efficiency, and user experience. Hence, instead of being able to borrow any asset from a pooled set of assets, Orchai users will only be able to borrow one stablecoin, which is USDT. This is also known as a single borrowable asset