1PoolFinance is a decentralized money market protocol facilitating asset-backed loan transactions. Similar to Elon Protocol and Couverture Protocol, it enables lenders to create pools with specific NFT collateral requirements and loan terms. Borrowers can then access these offers using their NFTs as collateral. The platform aims to provide a secure and versatile way to participate in decentralized finance, generating yields backed by the treasury. It offers features like concentrated liquidity DEX and automated yield optimization.
