The Frequently Asked Questions section answers the most common questions about the Yupana Protocol.

What is Yupana.Finance?

Yupana.Finance is an open-source, decentralized, and non-custodial liquidity protocol built to securely borrow and lend crypto assets via smart contracts. Depositors provide liquidity in the protocol, receiving passive income, while borrowers take overcollateralized loans.

Why Yupana.Finance?

Yupana.Finance was developed by the MadFish team, creators of Quipuswap DEX and Temple wallet. Yupana smart contracts have been audited and secured. The protocol is completely open-source, which allows anyone to interact with a user interface client, API, or directly with the smart contracts on the Tezos blockchain.
Yupana lending protocol aimed to increase Tezos ecosystem and attract more liquidity to Tesoz DApps.

Why would I borrow instead of selling my assets?

Selling an asset is tantamount to closing a long position and losing potential profit. Borrowing allows you to get liquidity, without selling cryptocurrency, and use the funds received for quick expenses, for earnings, investments, and diversification. Thus, you will be able to resolve financial issues without selling assets.

What assets are supported by the protocol?

Yupana supports TEZ and selected Tezos-built FA1.2 and FA2 tokens from the list below:

How do I interact with Yupana.Finance protocol?

In order to interact with Yupana, you need to deposit any of the assets available in the protocol. Then you will receive income, the amount of which is regulated by the market demand for borrowing funds.
The added deposit will also serve as collateral, which will allow you to borrow assets from other users of the protocol at interest.
The simultaneous use of assets as a deposit and collateral can compensate for the accrued interest.

How is the interest on the loan and on the deposit formed?

The same applies to the interest on the loan. You can check the remuneration and credit interest on this page (link to the “markets” section).

What is the cost of interacting with Yupana protocol?

The interaction of users with the protocol occurs through transactions in the blockchain, therefore, a fee is charged for each transaction in the Tezos network. Its size depends on the network load and the complexity of the transaction.

Where are my deposited funds stored?

Depending on the type of asset, it will be stored on a smart contract. The asset-specific contract addresses are shown below:
Locked in the Yupana-protocol assets provide APY, which is determined by the market demand for the selected asset. Supply assets and earn interest managed by smart contracts.

What are the risks of using the Yupana.Finance protocol?