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Description

Torque offers a robust decentralized finance (DeFi) platform that enables users to borrow assets through loans with no set end date and fixed interest rates. You can quickly secure a crypto-backed loan without the hassle of KYC procedures or credit evaluations. With fixed interest rates, borrowers have clarity on their payments. During market volatility, we ensure that loans remain collateralized and only liquidate collateral when it exceeds the margin maintenance by 10%. We prioritize decentralization in our operations, providing loans without any verification processes, KYC/AML requirements, or credit assessments—your keys and your coins are always yours. Our non-custodial approach allows you to maintain control over your keys and assets. Additionally, our smart contracts have received thorough audits from top blockchain security firms, including ZK Labs and Certik. To address the unique security challenges posed by oracles in a decentralized landscape, we collaborate with leading oracle service providers. Furthermore, we allocate 10% of the interest paid by borrowers to an insurance fund designed to cover instances where undercollateralized loans are not liquidated correctly, ensuring greater security for all participants. This commitment to security reflects our dedication to a safer lending environment in the DeFi space.

Description

The displayed interest rates reflect current market conditions and may fluctuate, with variations depending on the loan amount. These rates are provided solely for informational purposes. Yield Protocol introduces a system for collateralized borrowing and lending with fixed rates and terms, along with interest rate markets within the realm of decentralized finance. This innovation addresses a significant challenge present in current DeFi lending systems: the uncertainty of interest rates. Unlike traditional DeFi platforms that only provide variable interest rates, Yield Protocol offers a more stable solution, alleviating the issues associated with interest rate volatility. By providing predictable rates, it empowers users to make informed financial plans, investment choices, and effective risk management strategies for their borrowing and lending activities. Ultimately, this approach enhances the overall user experience in the DeFi landscape.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Exponential DeFi No 
Open iT ComputeAnalyzer™ Yes 
Patchworks Yes 

Integrations

Exponential DeFi Yes 
Open iT ComputeAnalyzer™ No 
Patchworks No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Torque

Founded

2017

Country

United States

Website

torque.loans/

Vendor Details

Company Name

Yield

Country

United States

Website

yield.is/

Product Features

Product Features

Alternatives

Alternatives

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