Overview

0-interest lending & borrowing at your fingertips.

What is Preon?

Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (our USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%.

Preon exclusively accepts yield-bearing tokens as collateral, allowing borrowers to leverage-farm their position. This makes Preon one of the few lending protocols that charge no interest for leverage-farming.

$STAR can be redeemed for $1 of underlying collateral, minus protocol fees.

For more information - join our Discord!

What makes Preon special?

Preon is built with unique mechanics that amplify popular CDP mechanics & mixes it with game theory which build liquidity. Some of the mechanics include:

• OFT integration with LayerZero

• Our very own ve(3,3) emission gauge

• Option calls as reward emissions

• Nebula vaults

Each mechanic is bolstered by an ecosystem of partners who utilize the protocol & an extremely robust code-base allowing for democratization of the protocol.