Guide to Sentiment — permissionless undercollateralized on-chain borrowing

Stakingbits
Stakingbits
Published in
3 min readFeb 19

Undercollateralized borrowing on-chain refers to a revolutionary concept in the world DeFi, where users can borrow funds without having to provide collateral equal to the value of the loan.

Sentiment is a protocol that is enables that allows borrowers to access up to 5x leverage to long/short tokens and deploy capital into integrated protocols such as Sushi, Curve, and Aave. Their mission is to be the best place to lend and borrow capital.

Stakingbits
Stakingbits

Staking bits and bytes. DeFi’s fastest growing content platform helping investors navigate DeFi’s wild forest.

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