wildcat

The Wildcat Protocol, while operating within the same domain as other credit facilities like Maple and Clearpool, introduces a different approach to on-chain credit markets. Unlike traditional models where lenders provide liquidity and intermediaries select eligible borrowers, Wildcat allows borrowers to initiate and parameterize their own credit markets. They can set their own terms, including asset type, annual percentage rates (APR), withdrawal cycles, and collateralization ratios, offering a tailored and transparent lending environment.    This shift (focusing on borrowers not lenders) addresses a gap in the DeFi landscape, where the absence of a mechanism for borrowers to openly express credit demands has pushed many towards off-chain agreements. Such conditions have previously nudged lenders towards centralized decentralized finance (CeDeFi) solutions like Voyager and Celsius due to a lack of visible, viable alternatives.