USDI-Interest ProtocolDetailed Description

USDI-Interest Protocol Detailed Description

Interest Protocol (IP) is a fractional reserve banking protocol on the Ethereum blockchain that pays interest to all depositors. The stablecoin issued by Interest Protocol is called USDi, which is both over-collateralized and highly scalable. USDi holders can automatically earn income without staking, which means that Interest Protocol provides income opportunities for users who care about gas. Interest Protocol can generate more loans from a given amount of capital while incurring less liquidity risk than lending protocols without fractional reserves.