What is EpsiLoan Protocol?
Epsiloan Protocol is a decentralized borrowing platform that allows users to secure zero-interest loans using their Liquid Restaking Tokens (LRTs) as collateral. By minting its novel stablecoin, yUSD, users can obtain credit (an Epsiloan) at absolutely Zero fees!
The EpsiLoan Protocol operates under a global governance structure led by individuals holding its native governance token: ELN and xELN. These tokens play a vital role in facilitating core network functionalities, including staking, governance, minting, and rewarding liquidators.