Qubit is a decentralized money market platform that takes advantage of the speed, automation, and security of the blockchain to connect lenders and borrowers efficiently and securely.
How to Participate in Qubit Finance
Users of Qubit Finance can participate as lenders and borrowers.
Lender: As a liquidity provider, lenders can deposit assets to lend out to others. Liquidity providers will earn interest on their deposited assets.
Borrower: A borrower can deposit assets as collateral and borrow assets in return.
At Qubit, we are committed to making money markets a secure commodity for the entire BSC Ecosystem. Consequently, Qubit does not charge the withdrawal fees that have hindered the innovative applications of more sophisticated leveraged strategies on the BSC.
Qubit is also explicitly committed to furthering ecosystem security on the BSC. Qubit does this in two ways. First, Qubit does not support flash loans, which eliminates from the platform one of the greatest sources of insecurity in the entire ecosystem.
Second, Team Qubit will fully support vertically integrated code review and full-stack audits for all whitelisted projects that build on the Qubit platform. This represents a significant but necessary ecosystem investment by Qubit in order to eliminate the vulnerabilities that were injected into the BSC ecosystem by the uncoordinated migrations that interrupted and disrupted many projects this past May.
Finally, Qubit is the latest in the growing suite of connected products being developed by Mound to grow the PancakeBunny Ecosystem. As a yield aggregator, PancakeBunny will leverage all of the advantages that Qubit enables to provide best-in-chain yields for single asset liquidity.