What's Different?

LARI Finance shares the same benefits that many other decentralized finance protocols achieve through disintermediation - transparency, speed, efficiency, and universal access. Building on the shoulders of projects like Maker, Aave, Compound, and Rari Fuse, LARI stands out in the following ways:

👑 Governance-minimized

Instead of a single pool governed by the protocol DAO, LARI Finance invites anyone to be a Pool Manager and create their own pool. On LARI Finance, liquidity providers have more autonomy, control and agency.

🔮 Lending for any assete

The LARI Finance protocol is fully permissionless and allows Pool Managers to include any asset in their pool..

🌾 Fine-grained Control

Pool Managers have a variety of controls in place to ensure solvency of their pool. For example, they can use different oracle mechanisms for borrowing and liquidations and customize the time period - using a realtime price or TWAP.

🕵️ Private Lending Pools

Pool Creator's are given the option of making a lending pool private to a specific group of users. This is advantageous for companies in the financial-sector, who may wish to create a private pool of lending accessible to only their clients. Additionally, the whitelist can be updated over time to give access to new individuals, or revoke access of existing individuals.

⏳ P2P (& Fixed-terms) Loans

LARI makes it possible to enter into peer-to-peer loan agreements onchain. After discussing terms, the person providing the loan can step through the pool creation process and supply the approripate terms. The Pool Creator can then enter the wallet address of the other individual (or individuals) borrowing the capitals as these rates using our allowlist setting.

The borrower will then recieve an invitation. After inspecting the terms of the invitation and confirming that they are correct, the individual borrowing capital can move forward with supplying the required capital, and access their new funds.

🧬 Built on Agoric

The Agoric Platform uses an object-capability (ocap) security architecture that enables safe composability. The project is the culmination of 40+ years of work from leading experts in distributed systems, language design, and cryptography. 1, 2

🏊‍♀️ Multiple Pools

Traditionally, lending protocols pool all of their capital in a single pool. While it has benefits for capital efficiency, we feel the approach limits innovation and creates systemic risk. Isolated markets offer a more powerful and flexible solution that will allow our protocol to grow and evolve.