DeFi Project Spotlight: B.Protocol, Decentralized Backstop Liquidity | Crypto Briefing

Key Takeaways

  • B.Protocol attempts to solve the inefficiency of DeFi liquidations, which hamper the sector’s growth.
  • The project offers extra yield for users and makes liquidations more predictable for liquidators.
  • The protocol seamlessly connects to platforms like Maker, Compound, and Aave without requiring any actions from their side.
  • $1.5 million ETH was deposited on Maker through B.Protocol during the first 24 hours since launch.

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