SiO2.Finance

What is SiO2 Finance? SiO2 Finance is a multi-virtual machine lending platform built on Astar for the Polkadot ecosystem. The name SiO2 is short for Silicon dioxide — an oxide of Silicon and the major component of crystal, the purest gem in the natural world.

SiO2 Finance is designed to serve the Astar and Polkadot community with the best user experience, easy-to-use one-click features, and transparent governance.

What Are the Main SiO2 Features?

• Lending/borrowing: allow users to use multiple assets as collateral and borrow other assets
• Depositing: allow users to deposit multiple assets and earn passive income from interests
• veStaking: incentivize long-term token holders over short-term holders with $SIO2
• One-click flashloan: allow users to use flashloan for position migration (e.g., move position from one protocol to another in seconds), arbitrages without having to code
• One-click short position: allow users to short an asset with only one click.
• Multi-VM support: EVM and WASM will be supported on one frontend.