A little backstory first… It’s been quite a journey so far. When we entered the hackathon and wrote the codebase of Silo Finance, no one had any idea that a project led by a couple of silos would grow into thousands of dedicated silos! The Contest To celebrate the journey so far…

We plan to launch Silo’s lending application in two phases, starting with guarded beta and ending with an all-out growth strategy. The following is a draft plan that will evolve constantly as we approach the launch date. Phase 1: Guarded beta Risk level: High Duration: ~ 60 days (February —…

Introduction Silo creates secure and efficient money markets for all token assets through a permissionless, risk-isolating lending protocol. Secure, efficient, and permissionless money markets are characterized by: Compartmentalizing risk through design, not through watchdogs tracking risk for each token Minimizing governance; governance is not needed to whitelist assets Accepting all token…