The development of COLLATERAL aims to merge DeFi with traditional finance for mass adoption. Users can store, stake, borrow, save, and pay through the COLLATERAL protocol anytime and anywhere, without restrictions of time or location. Users can also unlock and utilize their crypto assets without having to sell them. The COLLATERAL ecosystem is driven by a P2P network of borrowers and lenders. Lenders stake their crypto assets in staking contracts to earn APY as a return. The $COLLG token is the governance token for the COLLATERAL platform.
