2026-01-02 15:23:23

Opening the On-Chain Interest Rate Market: Supernova's New Approach

Supernova is gaining attention as a project that redefines the fundamentals of DeFi. It particularly focuses on innovating the interest rate structure, with a clear intention to overcome the limitations of the existing DeFi lending market.

Currently, most DeFi protocols have interest rates that are not fixed and continuously fluctuate based on market supply and demand. From the user's perspective, it is difficult to predict when to deposit funds and when to borrow. ParRate directly addresses this issue.

The core of ParRate is simple. It commodifies the interest rate itself and builds an on-chain marketplace where users can directly select and manage the interest rate they need. Moving away from a structure centered on variable interest rates, it shifts the control of interest rates back to the users.

This is not just an additional feature but signifies a structural change in the DeFi financial market.

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GrayscaleArbitrageur

· 5h ago

The idea of market-based interest rates is truly brilliant... If user autonomous selection can really be implemented, it would revolutionize half of DeFi.

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FlashLoanLord

· 6h ago

Turning interest rates into a tradable product is quite innovative, but will it really catch on? Could it be that existing protocols haven't succeeded for a reason?

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SchrodingerWallet