Shoebill Finance V2

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Shoebill Finance

Shoebill Finance V2 (aka. Shoebill) is a decentralized finance (DeFi) protocol that provides leveraged investment services on the WEMIX, Klaytn and Manta Pacific ecosystems. Investors borrow assets deposited in Shoebill to maximize the size of their investment and pay interest. The protocol aims to maximize users' returns by building and expanding a circular structure where investors and depositors mutually support each other's returns.

Reason to use Shoebill

Low Risk, Maximized Return

Users can optimize their yield by borrowing WEMIX, KLAY, STONE, wUSDM and then re-staking it to use as collateral to borrow more WEMIX/KLAY/ETH/USDC. This strategy allows users to earn yield rewards while minimizing liquidation risk.

Investment Opportunity

Shoebill V2 maximizes users' ability to leverage other projects for potential returns and redemptions. It provides users with more investment opportunities with relatively low risk by securing a competitive APY through leverage or utilizing WEMIX/KLAY/ETH/USDC as another investment opportunity.

Collateral Expansion

Shoebill V2 will expand with plans to other LST (Liquid Stake Tokens) in the future to provide users with more options.

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