Introducing Tenor: Onchain Lending Order Books
Today, we are excited to introduce the Tenor Protocol whitepaper. Tenor is a primitive that enables the deployment of lending order books on top of existing money markets in a layered approach. The protocol enables users to lend and borrow at fixed rates by utilizing a set of fully onchain interest rate order books.What Does Tenor Enable?Tenor markets facilitate the peer-to-peer (P2P) matching of lenders and borrowers at fixed rates. These markets can be deployed by curators or DAOs on top of...