TLDR
Silo Finance is a money markets protocol that introduces a new design model to isolate risks while retaining capital efficiency. They are able to do this through some of their flagship features such as an isolated two-asset "Silos" for each market on the platform and using a dynamic interest rate to better handle utilization of a given market.
Their isolated markets design would ensure scalability in the number of markets they can support, without introducing long tail risks to the entire ecosystem.
They will be using Protocol Owned Liquidity (POL) to seed liquidity in the Silos and give more ownership to the community.
Silo Finance originated from ETHGlobal 2021 hackathon in September and built Silo Finance from the...