Information
Protocol Information
Palmy Finance is the first lending protocol backed by Oasys Network.
Category:Lending
Forked from:AAVE V2
Token Information
Methodology
Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.