First Flight #21: KittyFi

First Flight #21

First Flight #21: KittyFi

Beginner FriendlyDeFiFoundry
100 EXP

KittyFi, a EUR pegged stablecoin based protocol which proactively maintains the user's deposited collateral to earn yield on it via Aave protocol. With KittyFi, the collateral deposited by user will not just remain in there for backing the KittyCoin but will earn yield on it via Aave protocol. By utilizing the interest earned on collateral, the protocol will reduce the risk of user getting liquidated by equally allocating the interest earned on collateral to every user in the pool.

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