Danogo provides an intuitive interface that connects lenders and borrowers through various Danogo Staking Bonds issued.
Borrowers quickly set up their loans, with FLEXIBLE conditions : ranging from loan terms, loan volumes to loan interest rates.
Lenders can also quickly provide Liquidity by specifying the requested yield and maturity date.
YES. For bonds with durations greater than 10 epochs, borrowers may repay a minimum initial interest payment of 10 epochs, while the remaining interest can be paid later. However, the borrower must maintain a minimum interest buffer of 6 epochs. If not, the bond will incur a penalty.
Danogo Bond tokens are issued instantly upon liquidity provision by lenders, even for partial matches, eliminating the need to wait for loans to be fully filled
You can also update, cancel your borrow request anytime!
YES. Danogo Bond Smart Contract is audited by Anastasia Labs.
Audit report : Danogo Staking Bond and Danogo Bond Dex
YES, we believe all Cardano smart contracts should be open source (Bond Dex: Github Link and Danogo Staking Bond: Github Link). We believe in building a vibrant ecosystem through opensource and community will help identify bugs. We appreciate any code review, contribution & bug reports to make Danogo smart contract more secure!