Taker Lend

What is Taker Lend

Taker Lend is a decentralized lending protocol focused on Bitcoin LSD assets, enabling users to borrow stablecoins by collateralizing various BTC derivatives. It unlocks asset liquidity and improves capital efficiency.

Supported Collateral Assets

• wBTC, BTCB, cbBTC

• SolvBTC, PupmBTC, FBTC

• LBTC, uniBTC, stBTC and other major BTC LSDs

Core Features

• Bitcoin LSD Lending Channel: Users can easily borrow stablecoins using BTC derivative assets as collateral.

• Flexible Interest Rate Mechanism: Dynamic adjustment of lending rates based on market supply and demand.

• Built-in Risk Control System: Includes liquidation mechanisms, collateral ratio settings, and dynamic risk factor tuning.

Typical Use Cases

• Liquidity Unlocking: Ideal for long-term Bitcoin LSD holders seeking liquidity without selling their assets.

• Leverage Strategies: Users can loop borrowing to amplify returns, enabling stablecoin arbitrage or leveraged Bitcoin positions.

• DeFi Yield Optimization: Combine with Taker Swap, external farming, or cross-chain bridges to implement advanced yield strategies.

Taker Lend is a key component of the Taker Chain Bitcoin DeFi infrastructure, aiming to build an efficient, secure, and sustainable lending ecosystem for Bitcoin derivatives.

User Guide

Taker Lend is a decentralized lending protocol supporting various Bitcoin LSDs and stablecoins. Users can supply supported assets to earn interest or borrow against them to unlock liquidity.

📊 Overview Dashboard

The Dashboard provides a snapshot of your position, including:

• Net Worth

• Net APY

• Health Factor

• Borrow Power, Collateral, and Risk Detail

📥 Supplying Assets

In the Your Supplies section, users can:

• View current supplied assets and APY

• Toggle whether an asset is used as collateral

• Perform Supply or Withdraw actions

Supported Assets Include:

• WBTC, cbBTC, USDT

• stBTC, PupmBTC, SolvBTC, and other BTC LSDs

Reward System:

Each asset earns different ecosystem reward points (e.g., Babylon Points, Solv Points, Pump Points), which can be used in other incentive campaigns.

💰 Borrowing Assets

In the Your Borrows section, users can:

• View current debt and APY

• Borrow or repay directly

Borrowable Assets Include:

• stBTC, cbBTC, WBTC, PupmBTC, DAI, USDT, and more

📤 Supplying New Assets

In the Assets to Supply section:

• View supported tokens available in your wallet

• Click Supply to deposit them into the protocol

• Toggle "Show assets with 0 balance" to explore all supported assets

📉 Health Factor & Risk Management

• Health Factor > 1: Your position is safe

• Health Factor < 1: Subject to liquidation

• Health Factor is dynamically adjusted based on collateral ratio, market volatility, and interest rate fluctuations

⛓ Technical Notes

• Built on top of AAVE V3

• All interactions are on-chain, non-custodial, and transparent

• Supports EVM-compatible wallets like MetaMask, OKX Wallet, etc.

FAQs

Q: Can I borrow multiple assets at once? A: Yes. You can borrow multiple stablecoins or BTC LSDs as long as your borrow limit allows.

Q: How do I avoid liquidation? A: Keep your Health Factor above 1.5 and monitor interest rates and market conditions.

Q: Are reward points redeemable? A: Yes. Each type of reward point can be used according to the respective partner ecosystem (e.g., Solv, Babylon, Pump).

Incentive Plan (Post-TGE)

After the official Token Generation Event (TGE), Taker will introduce a targeted incentive program to boost the growth and liquidity of the Taker Lend protocol.

🎯 Objective

To attract more capital into the lending ecosystem and increase utilization, $TAKER token incentives will be distributed to both depositors and borrowers.

🪙 Incentive Mechanism

• Supply-Side Incentives: Users who supply assets to Taker Lend (e.g., BTC LSDs, stablecoins) will receive $TAKER token rewards on top of base APYs.

• Borrow-Side Subsidies: Borrowers may receive $TAKER tokens as subsidies, effectively reducing the borrowing cost or even making it net-positive under certain conditions.

• Dynamic Distribution: Rewards will be dynamically adjusted based on market conditions, asset utilization rates, and ecosystem priorities.

📌 Key Highlights

• Focused on boosting liquidity for BTC LSD assets

• Aligned with community governance and DAO decisions

• Aims to bootstrap long-term sustainable usage and TVL growth

🧭 Timeline

The incentive program will be launched shortly after the $TAKER token TGE. Details including supported assets, emission schedules, and claim mechanics will be announced via official channels.