Aeroscraper: a new borrowing protocol focused on simplicity and stability

Aeroscraper is a new borrowing protocol based on Injective that aims to offer users a simpler and more stable borrowing experience. The protocol utilizes a proprietary stable AUSD coin pegged to the US dollar, as well as a fixed liquidation threshold of 115%.

A unique coin for a single purpose: AUSD

Aeroscraper uses its own stable AUSD coin pegged to the US dollar. This ensures that each AUSD is worth one US dollar, providing a stable and predictable value for users. AUSD serves as the cornerstone of the ecosystem used for all transactions, borrowing, and commissions within the Aeroscraper protocol.

Fixed liquidation threshold: certainty in volatile markets

Risk management is a crucial task in any financial system, especially in the volatile world of cryptocurrencies. Aeroscraper offers its users a fixed liquidation threshold of 115%, providing a clear and unchanging benchmark of safety from market fluctuations. This fixed threshold ensures that users always know the exact point at which their collateral may be at risk, allowing them to manage their positions with greater confidence.

The Singleton Contract approach: a paradigm of stability and security

In the realm of smart contracts, simplicity often means security. Aeroscraper utilizes a singleton contract design in which the entire protocol is encapsulated in a single smart contract.

This streamlined approach has two key benefits:

Security. The single contract design simplifies the security model, allowing for a focused and thorough auditing process to ensure the contract is as secure as possible. Simplicity. For users, the simplicity of interacting with a single contract reduces the complexity often seen in other DeFi protocols, offering a more accessible user experience. Familiar features and a simplified interface

Despite its distinctive features, Aeroscraper shares some commonalities with existing protocols:

Zero Interest Rate Loans: Borrowers can borrow against their injected assets without the burden of continuous interest payments, as long as only a one-time origination fee is paid. Zero interest rate loansOpen in new window kontursverka.ru Loans with zero interest rate Stability Pool: Aeroscraper maintains a stability pool where users can deposit US dollars to earn rewards while providing protection against potential shocks to the system. Stability PoolOpen in new window medium.com Stability Pool Redemption Mechanism:To ensure that AUSD is pegged to the US dollar, the protocol allows users to exchange AUSD for Injective at face value. Redemption MechanismOpen in new window pravda-nn.ru Redemption mechanism Meet the new era with Aeroscraper

Aeroscraper is more than just a borrowing protocol; it is a testament to DeFi's innovative spirit. By providing a stablecoin-centric ecosystem with clear rules and an optimized user interface, Aeroscraper positions itself as a mainstay for those looking for a more predictable and user-friendly borrowing experience.

Aeroscraper invites users to utilize their injected assets in a system that values stability and simplicity, without the distractions and complexities of additional management tokens or changing liquidation thresholds. Aeroscraper could be an ideal choice for DeFi participants who value transparency and ease of use of their financial instruments.

Why we chose Injective

Injective is known for its innovative infrastructure as the industry's first Tier 1 blockchain designed to empower next-generation financial applications.

Integrating with Injective is a strategic move for Aeroscraper to provide optimized protocol borrowing services to a wider audience while ensuring scalability, security and interoperability. Injective is highly interoperable, allowing Aeroscraper seamless access to assets across multiple networks. The Injective platform provides a fully decentralized smart environment that enables Aeroscraper to easily deploy advanced smart contracts. In fact, Injective is the first L1 to offer automated smart contracts.

Aeroscraper on Injective is more than just a borrowing platform; it is a dynamic ecosystem ready to adapt and thrive in the ever-evolving world of DeFi. Injective has one of the most vibrant communities on Web3 today with a legion of dApps that can grow with Aero