Q&A
How can i use Darli?
You first need to choose a web interface (aka frontend) to access the system. The core team building the protocol will not operate a frontend. Darli is instead accessed by third-party frontend applications and integration services.
You can find a list of frontends here.
What’s Darli?
Darli is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in DaUSD – a USD pegged stablecoin, and need to maintain a minimum collateral ratio of only 110%.
In addition to the collateral, the loans are secured by a Stability Pool containing DaUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms under Liquidations.
Darli as an opensource protocol is non-custodial, immutable and governance-free. Learn more about the protocol here.
What are the key benefits of Darli?
Darli offers the best borrowing conditions on the market with the main benefits being:
1- Censorship resistant – the protocol is controlled by nobody
2- 0% interest rate
3- A collateral ratio of just 110%
4- Governance free – all operations are algorithmic and fully automated
5- Directly redeemable – LUSD can be redeemed at face value for the underlying collateral, always and at any time
How can i earn money on Darli?
There are basically two different ways to generate revenue using Darli:
Stake DARLI and earn the revenue from issuance fees (in DaUSD) and redemption fees (in ETH)
Deposit DaUSD to the Stability Pool and earn liquidation gains and DARLI rewards