Danogo aims to facilitate yield generation and efficient capital allocation in Cardano’s DeFi ecosystem. We aim to lower the barrier to entry into DeFi.
Our product has simple operations, and loan details such as duration and interest rates can be flexibly configured, benefiting both lenders and borrowers. It helps borrowers and lenders connect with each other quickly and easily.
A Danogo Staking Bond is a loan agreement for non-custodial lending of staking rights to Borrower from a pool of lenders. A smart contract locks lender’s ADA and allows a borrower to attach their stake key for a maximum duration as long as conditions are met (interest paid)