Element Finance

Code Review - 07/05/2021

Marcus Kelly avatar
Written by Marcus Kelly
Updated over a week ago

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Element Finance is a protocol that enables users to seek high fixed yield income in the DeFi market. Users can access, via the ecosystem and existing AMMs at a discount without being locked into a term, allowing the exchange of the discounted asset and the base asset at any time. The fixed rate income can be secured with the exchange of any major base asset. The Element protocol does not require trusted intermediaries and allows for fast and efficient trading of fixed and variable yields.

Many types of users can benefit from using Element Finance. The users who are highly speculative on Variable Yield, the risk-averse users who want a stable form of Fixed Rates, and the Traders who capitalize on the trading markets of these token splits. Element protocol is launched on Ethereum mainnet and doesn’t have a token yet. This is an interesting project to watch out for and offers further avenues of capital efficiency in the DeFi space.

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