Brokkr is going to be a simple-to-use DeFi investment platform.
The main goal is to make DeFi investing accessible to everyone. The ecosystem is fragmented into a lot of complicated protocols that offer all kinds of financial instruments.
Brokkr will enable optimized automated investing in DeFi instruments according to the user's risk acceptance. Brokkr will be controlled through Brokkr DAO with a $BRK token that will enable all token holders to participate on governing Brokkr and benefiting out of it's activities.
Brokkr's development consists of 3 phases:
    THORfi Application Brokkr makes THORfi instruments work together and benefit from each other. We start with THORChain Synthetics, that allow skipping slow and expensive layer 1 transactions, and also acting as the foundation for THORChain DeFi (THORfi). Synthetics are the building blocks for these instruments:
      Fixed-interest on blockchain assets like BTC or ETH (locked synthetics)
      Lending & Borrowing is making existing blockchain assets more capital efficient by locking them up as collateral
      Crypto ETFs via Composites
    Terra Introduction By integrating Terra's Mirror and Anchor protocols, Brokkr can provide further useful financial instruments:
      Popular stocks & ETF synthetics
      Stable 20% savings rate on the UST stablecoin
      Borrowing stablecoins against cross-chain collateral
    DeFi integration
    Once enough protocols have been integrated, the user will get the best possible DeFi yield with just a few clicks taking into account his risk acceptance:
      Select the level of risk acceptance (Low, Medium, High)
      Pick out the best option from a list of options calculated by Brokkr
      Confirm the transaction(s) & Start earning yield
Last modified 3mo ago
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