Borrowing & Lending Mechanics
At the core of Mooncake Finance lies an advanced mechanism designed to provide a streamlined lending and borrowing experience.
- Dynamic Interest Rates:
- Mooncake Finance employs a self-adjusting algorithm that gauges the ongoing market conditions.
- Rates are recalibrated periodically to ensure fairness, reflecting the equilibrium between lenders and borrowers.
- User-friendly Transactions:
- Advanced smart contracts automate most of the heavy lifting, allowing users to initiate borrowing or lending with just a few clicks.
- Each transaction is accompanied by a detailed summary, offering users full transparency.