Qubit Finance is a DeFi lending protocol developed by MOUND, the team behind Pancake Bunny, a leading yield aggregator on the BSC. It allows users to freely deposit virtual assets as collateral in order to borrow virtual assets and, the interest is automatically calculated by the smart contract protocol.
Qubit is designed as a commodity for the benefit of the DeFi ecosystem. In keeping with this ethos, Qubit does not charge withdrawal fees so that services utilizing Qubit as a building block can maximize their returns. Qubit will also actively engage with said such services to conduct top-down security reviews to reduce ecosystem risk as a whole.