🏠Overview & Resources

The Bonzo Finance protocol is an open source, non-custodial lending and borrowing protocol built on the Hedera network. It is designed to facilitate the lending and borrowing of cryptocurrencies, with a focus on HBAR, Hedera Token Service (HTS) tokens, and wrapped major assets. Bonzo prioritizes censorship resistance, security, and self-custody, enabling users to transact without reliance on trusted intermediaries.

Suppliers provide liquidity to Bonzo Finance asset markets to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (a single β€œatomic” flash loan) fashion.

Bonzo Finance is based on Aave v2 β€” the most utilized lending & borrowing protocol on Ethereum β€” and adapted to the Hedera EVM (Ethereum Virtual Machine) and native Hedera Token Service (HTS).

The Bonzo Finance protocol inherits the Hedera network's high throughput, fast transaction finality, and a low, fixed, U.S. dollar-denominated fee structure. Additionally, Hedera's architecture ensures fair transaction ordering, mitigating the risk of MEV attacks commonly seen on alternative EVM-based DeFi protocols.

Bonzo Finance Web & Community Resources

Key Dates

πŸ§ͺ Testnet Launch

Thursday, May 2nd βœ…

πŸ–ΌοΈ NFT Collectibles Sale

Monday, June 17th β˜‘οΈ

πŸ”’ Est. Code Freeze / Audit

Monday, June 17th β˜‘οΈ

πŸš€ Est. Mainnet Launch

Q3 2024 β˜‘οΈ

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