The Backd Bulletin
The Backd Bulletin keeps the Backd community up to date with short and concise emails pertaining to the latest Backd news and developments. This includes protocol updates, integrations, statistics or analytics, community incentives and more! By subscribing you won’t have to worry about missing anything. Every new edition of the newsletter goes directly to your inbox.
Backd is a trustless and interest generating protocol designed to prevent collateralized loans from becoming liquidable. Backd combines liquidity pools, yield-farming strategies, and liquidation protection mechanisms to create reactive liquidity pools. Unlike other DeFi protocols, Backd liquidity reacts to market conditions and is sent to where it is most needed. Backd enables users to simultaneously increase leverage (borrow more) and yield (earn more), decrease both realized and unrealized costs of borrowing, and ultimately increase the efficiency of their capital.