Pinjam
  • What Makes Pinjam Better
    • 🏑Welcome to Pinjam
    • 🌞Protocol-to-Protocol Lending
    • πŸ˜™Get Paid To Borrow and Deposit Incentives
    • 🎑The Yield Flywheel
    • πŸ§‘β€πŸš€DeFi Evolution
    • πŸ”’Security
  • Pinjam Ecosystem Tokens
    • βš’οΈToken Utility
    • 🎁PINKAV Rewards
    • πŸ”Staking vs Locking
    • 🍯Protocol-Owned Liquidity (3,3)
    • 🏒Token Buyback
    • $PINKAV (Kava)
      • πŸͺ™Tokenomics
      • πŸͺ‚PINKAV Airdrop Program
      • πŸ‘»PINKAV Reward Emissions
    • $PINTLE (Mantle)
      • πŸͺ™Tokenomics
      • πŸͺ‚$PINTLE Airdrop Program
      • πŸ‘»$PINTLE Reward Emissions
  • Pinjam Growth Strategy
    • ⛓️Multi-Chain Expansion Strategy
    • ⛏️Liquidity Mining Programme & PINKAV Bribes Distribution
    • πŸ—ΊοΈPINJAM Roadmap
    • Pinjam on KAVA
      • 🌊Liquidity Generation Event (LGE)
    • Pinjam on Mantle
      • 🌊Liquidity Generation Event (LGE)
      • 🀸KOLs Ambassadorship Program
  • Your Guide to Using Pinjam
    • πŸ–₯️Basic Overview of Pinjam's Interface
      • Pinjam Home/Markets Page
      • Pinjam Reserve Overview Page
      • Pinjam Dashboard Page
    • βš’οΈBasic Functions
      • Depositing and Withdrawing
      • Borrowing
      • Repaying Loans
      • Collateral
      • Idle Liquidity Utilization
      • Claiming Worked Yields
  • Important Links
    • πŸ–±οΈWebsite/Social Profiles
    • πŸ“™Reading Materials
    • πŸ“œContract Addresses
    • πŸ”¦FAQ
    • πŸ‘ΎPinjam's License Usage
    • 🀠Legal Disclaimer
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  1. Important Links

FAQ

Everything and anything you need to know about Pinjam, answered!

What is Pinjam?

Pinjam is a decentralized lending protocol that fixes low DeFi lending yields with 100% capital productivity. Pinjam is currently only available on Avalanche - but we will be expanding to other chains in the near future.

How does Pinjam achieve 100% capital productivity for lenders?

Pinjam does this by aggregating unborrowed funds to battle-tested protocols such as AAVE & BENQI to generate more yield for lenders - on top of the yield generated by borrowing activity on Pinjam.

Does that mean Pinjam is AAVE's competitor?

Nope!

In fact, we complement each other. Since unborrowed Pinjam liquidity will be directed to AAVE, this will mean that lenders get the best of both worlds - lending APY on Pinjam for their borrowed liquidity AND lending APY on AAVE for the liquidity that's not borrowed on Pinjam.

When Pinjam grows, AAVE grows.

When AAVE grows, Pinjam grows.

Anything unique that I should take note on Pinjam?

With Pinjam's approach of 100% capital productivity, this leads to lenders earning yield from two sources: 1. The interest from their liquidity that's being borrowed on Pinjam 2. Unborrowed liquidity that are earning yield on our integrated protocols

When this happens, Pinjam's lending APY can be HIGHER than its borrowing APY. To put it short, you can be PAID to BORROW.

This is because the interest you've paid for borrowing assets is covered when you lend out those same assets on Pinjam - where you will in fact, EARN on the assets you lend.

This is happening without any token incentives - imagine the rates when we do!

Other than that, there are also deposit INCENTIVES.

To help maintain our goal of achieving 100% capital productivity, we need to ensure that idle funds are constantly being put to work.

To achieve this we will be incentivizing depositors to help put idle liquidity to work and receive back the asset in exchange, essentially getting paid to deposit!

Is there a Pinjam token? Is there an airdrop?

What's unique about what we're doing at Pinjam is that we have chain-specific tokens - right now, we are in the midst of launching our $PINKAV token - the Pinjam token on the KAVA network.

We will be conducting a $PINKAV airdrop program as well.

What are Pinjam's future plans?

How do I use Pinjam?

How do you decide which protocols should be integrated on Pinjam?

We look into the past history of the protocol - whether it has been hacked or exploited. Regarding this, we also look into whether they've been audited, when was their last audit, and the reputation of the smart contract audit firms used.

Next, we look into how recently the protocol has been in existence and its past performance and reliability to provide stable and consistent yield.

We also look into the protocols they have integrated as well as the code structure of these protocols to ensure that they're well-equipped for attacks.

Is Pinjam audited?

Pinjam is not yet audited. Upon receiving enough funds (from third-party investments or fees generated), the team will look to get Pinjam's code immediately audited.

I want to share about Pinjam. Any socials or reading materials?

PreviousContract AddressesNextPinjam's License Usage

Last updated 2 years ago

We can't reveal too much - so our only answer to this is to refer to the Pinjam Masterplan section and stay tuned for updates on our and !

You can refer to the Pinjam UI navigation and Pinjam's basic functions .

Follow us on and join us on . If you're keen to get into the details, you can check out this documentation you're reading now, our , and also our .

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